Disappointment is rarely good for stock prices. On Saturday, Musk announced he was forming the “America Party,” after running a poll on X asking if a new political party should be created. Musk has more than 225 million followers on X, and the poll garnered almost 79 million votes, with 65.4% saying “Yes” to a new party.

The feud between President Donald Trump and Tesla CEO Elon Musk, which has weighed on the shares of the latter’s electric-vehicle venture, Tesla, Inc. (TSLA), continues to play out. In his latest salvo,

President Donald Trump and Tesla CEO Elon Musk resumed their war of words, and the electric-vehicle maker’s stock slumped in premarket trading Tuesday.