Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s announcement of a new political party has had a significant impact on the electric vehicle maker. The company’s stock plummeted by 6.79% on Monday, resulting in a loss of over $68 billion in market…
In the wake of Elon Musk‘s political aspirations, traders who bet against Tesla Inc. (NASDAQ:TSLA) are projected to earn approximately $1.4 billion due to a resultant drop in the company’s stock.