Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Stocks Crash Hard Alongside Wall Street. Tesla, Inc. (NASDAQ:TSLA) tumbled by 6.79 percent on Monday to finish at $293.94 apiece and lost as much as $68 billion in market value amid concerns about Elon Musk’s feud with President Donald Trump.

Tesla stock lost nearly 7% Monday after Elon Musk announced plans of launching the “America Party.” William Blair downgraded TSLA shares.

Tesla stock is already down more than 35% from its December highs, making it the worst performer among the “Magnificent Seven” tech giants this year. And with margins under pressure, competition heating up and demand softening, the last thing investors wanted was more distraction at the top.