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Business & Economics
This Might Be the Worst Financial Decision Elon Musk Has Ever Made
66% Informative
On Monday , Tesla lost 6.8 percent of its value when the S&P 500 fell by less than 1 percent on tariff fears.
It's nothing new for Elon Musk to create stock market problems for Tesla with his social media antics.
David Frum : Are we finally watching the ultimate act of self-sabotage by Musk ? He asks: Have we reached the logical limit of the things he can say?.
David Gergen : Tesla 's stock fell because of political disfavor by half of the politically engaged people in the country.
He says Musk 's interests in getting close to Trump were fraught for Tesla because short-term regulatory favors needed to be weighed against alienating the likeliest Americans to actually buy an electric car.
Gergen asks: Is it even tenable for Tesla to exist with Musk at the helm if he’s on these terms with Trump ?.
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