Tesla loses $68 billion in value after Elon Musk says he is launching a political party
Now the tech billionaire's reinvolvement in the political arena is making investors nervous. The billionaire's involvement in politics has been a point of contention for investors. Musk earlier this year was instrumental in the so-called Department of Government Efficiency and worked closely with President Donald Trump — a move seen as potentially hurting Tesla's brand . Musk said Saturday that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to