Tesla Dips as Musk Stirs Politics, Nasdaq Hits Record High

Tesla shares plunged nearly 7% amid CEO Elon Musk’s political move to launch the “America Party,” raising investor concerns. Meanwhile, the Nasdaq closed at a record high, led by tech giants like Nvidia. Markets stayed strong overall, boosted by falling jobless claims and optimism ahead of corporate earnings reports.

SouthAsianChronicle

SouthAsianChronicle is an independent digital news platform delivering accurate, timely, and insightful journalism from South Asia and around the world.

© 2026 South Asian Chronicle Digital Network. All Rights Reserved.

Social

Email

Designed bySouthAsian Chronicle Media Team