Tesla's Slide; CoreCivic Jumps on Tax Bill; Stellantis Downgrade
On this episode of Stock Movers:- Tesla (TSLA) shares are lower this morning after Elon Musk announced he's formed a new political party, the "America Party." The shares have already declined 22% this year as the CEO's politicking has hurt Tesla's standing with car buyers. Devoting resources and attention to a new political party runs counter to what Musk told Tesla investors during the company's last earnings, in April.- CoreCivic (CXW) shares are rallying on the passage of President Trump's signature tax bill. Shares in Geo Group (GEO) are also rallying in the premarket, with the bill…
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