Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news

Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.

Tesla stock fell almost 7% in premarket trading on Monday after Musk announced a new political party.Tesla investors are frustrated with his political involvement, wrote analyst Dan Ives.Musk's feud with Trump makes investors worry about Tesla's future,

Wedbush analyst Dan Ives wrote that the EV maker’s directors need to set ground rules for the CEO regarding his political activities.

Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

On July 10, Trump hailed the crypto market for hitting "through the roof." Bitcoin, which had for the first time surpassed the $112,000 mark the previous day, hit a new record high of $113,833.84 within a few hours.