Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics is "exactly the opposite direction" investors want to see.

That’s because it has not been a very good year for Tesla stock. Shares are down more than 25%, making them the worst performer in the Magnificent Seven. The stock tumbled another 7% Monday as Musk’s feud with President Donald Trump escalates,

Tesla’s stock price has plunged in response to Elon Musk’s announcement of a new political party and his latest attacks on President Donald Trump. Investors are once again concerned about Musk’s focus as the company’s CEO announced over the weekend that he has launched the America Party.

After being called a “train wreck,” Musk accuses Trump of hiding Epstein ties and mocks the administration’s broken promises to release the files.

Elon Musk gave his take Monday on the report that Donald Trump’s administration does not plan to release the Epstein client list. “What’s the time?” Musk wrote on X along with a photo that read ‘The official Jeffrey Epstein Pedophile Arrest Counter.