<ul data-eligibleForWebStory="false"><li>Tesla's shares dropped after Elon Musk announced plans to form a political party called the America Party, raising concerns about his commitment to leading his companies.</li><li>Musk's political involvement follows Tesla's consecutive quarter of declining sales, contributing to a 27% stock drop this year and 35% decrease since December.</li><li>Analysts express concern over Musk's political engagements, with some fearing possible negative impacts on Tesla's growth and investor sentiment.</li><li>Speculation arises about Tesla's board potentially intervening to address Musk's distractions from the core business focus amid ongoing challenges faced by the company.</li></ul>

Tesla Shares Drop After Musk Starts Political Party

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