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. But at least it’s beating shares of Trump Media & Technology Group,

Tesla’s share price has once again plummeted after a fresh spat between founder Elon Musk and US President Donald Trump. The electric vehicle firm has tumbled in the stock market throughout 2025, facing stiff competition in the sector and political turbulence through Musk’s relationship with Trump.

Coming into Monday trading, Tesla stock was up 25% since the Nov. 5 election, down 22% year to date, up 17% since news that Musk was likely to leave DOGE in early April, and down 8% since a spat broke out between Trump and Musk on social media in early June.

Stock shares in Elon Musk's car company Tesla fell about 7% Monday after the billionaire ex-DOGE chief announced plans to form his new "America Party."

Tesla stock just had its worst day in a month — dropping nearly 7% — and it has nothing to do with cars. Elon Musk announced over the weekend that he’s launching a brand-new political group called the “America Party” to go up against both Republicans and Democrats.

Tesla’s stock tumbled 7 percent Monday morning after Elon Musk launched a third party and received an icy response from President Trump. The tech billionaire announced Saturday he officially