Shares of $TSLA fell 7% today after Musk announced the formation of a new political party. He's once again taking his focus away from Tesla, which is not good news for the company. The drop is relatively mild so far, so I won't be overbought.
What do you think? Do you think Musk is doing the right thing?
Musk is just crazy and I'm glad I don't have Tesla stock in my portfolio. It's a risky investment and I stay away from it.