Tesla’s shares surged after Donald J. Trump’s election win, fueled by hopes of benefiting from his support and regulatory assistance. However, an 8 percent drop in Tesla’s stock on Tuesday erased those gains, raising concerns about Elon Musk’s political involvement affecting sales and market share. The decline, driven by disappointing European sales and increased competition, has investors worried about Tesla’s future prospects and Mr. Musk’s focus on politics rather than business strategy.
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