Tesla shares fall 14% amid Musk's divisive politics

Tesla shares fell over 14% on Monday, reaching their lowest level since before the election. This decline reflects concerns over falling sales and Elon Musk's controversial political involvement. The stock is now down more than 50% from its December peak. Global stock markets also dropped, influenced by President Trump's comments about a potential recession linked to his trade policies. The S&P 500 fell over 2.5%, while tensions escalated with Canada imposing tariffs on U.S. energy exports. Musk's previous influence following Trump's election has diminished, resulting in a loss of over $700 billion in market value. Investors had anticipated that Musk's political connections would ease regulatory challenges for Tesla.