Tesla shares plunged as fears grew that a Democratic victory in this week's election would hinder Elon Musk's expansion of his business empire. Shortly after the New York market opened on Thursday, Tesla shares plunged as much as 10%, following a 3.3% drop on Wednesday. Year-to-date, Tesla shares have fallen approximately 23%. SpaceX shares were down 7.5% as of 9:59 a.m. New York time on Thursday.FXBus

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2026-11-05 23:10:27

Tesla shares plunged as fears grew that a Democratic victory in this week's election would hinder Elon Musk's expansion of his business empire. Shortly after the New York market opened on Thursday, Tesla shares plunged as much as 10%, following a 3.3% drop on Wednesday. Year-to-date, Tesla shares have fallen approximately 23%. SpaceX shares were down 7.5% as of 9:59 a.m. New York time on Thursday.

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