Tesla’s stock gets punished as Musk says he’ll start third political party. ‘This is not the news we want to see.’ - MarketWatch
1. TSLA shares dropped 7% after Musk's political party announcement. 2. Trump criticized Musk's political ambitions, impacting investor sentiment. 3. Analysts downgraded TSLA due to potential profitability impacts. 4. Musk's political focus detracts from Tesla's core business concerns. 5. Regulatory credit revenue might decline due to new tax legislation.