Elon Musk Launches “America Party” — Dogecoin Rallies While Tesla Stock Tumbles

TradingKey

07 Jul

TradingKey – On Monday, July 7, Dogecoin (DOGE) extended its rebound, surging over 4% in the past 24 hours to a high of $0.1752 before easing back to $0.1711.

Dogecoin Price Chart – Source: TradingView.

The rally followed a surprise announcement on Saturday, July 5, when billionaire Elon Musk declared the formation of a new U.S. political movement called the “America Party.” In a post on X, Musk criticized the current political system as “wasteful and corrupt,” calling for a new party to restore individual freedoms and disrupt the status quo.

The news sparked a nearly 1% intraday bounce in DOGE, bringing its cumulative gain to over 7% since the announcement. However, Tesla (TSLA) — Musk’s flagship company — saw its stock plunge more than 7% in after-hours trading, as investors reacted to the potential risks of Musk’s political pivot.(To find out which institutions are selling Tesla shares, check out star investors)

President Donald Trump responded sharply, calling Musk a “derailed train” and criticizing the creation of a third party. Treasury Secretary Scott Bessent added that Musk should “focus on business, not politics”.

Find out more

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Treasury Secretary Scott Bessent added that Musk should “focus on business, not politics”.</span></p><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Launches “America Party” — Dogecoin Rallies While Tesla Stock Tumbles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Launches “America Party” — Dogecoin Rallies While Tesla Stock Tumbles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-07-07 09:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><b><strong>TradingKey – On Monday, July 7, Dogecoin (</strong></b><b><strong>DOGE</strong></b><b><strong>) extended its rebound, surging over 4% in the past 24 hours to a high of $0.1752 before easing back to $0.1711.</strong></b></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250707/eb93835a9204417c9348aaff03e11dd1图片4.png\" width=\"inherit\"/></p><p dir=\"ltr\"><span>Dogecoin Price <a href=\"https://laohu8.com/S/GTLS\">Chart</a> – Source: TradingView.</span></p><p dir=\"ltr\"><span>The rally followed a surprise announcement on Saturday, July 5, when billionaire Elon Musk declared the formation of a new U.S. political movement called the “America Party.” In a post on X, Musk criticized the current political system as “wasteful and corrupt,” calling for a new party to restore individual freedoms and disrupt the status quo.</span></p><p dir=\"ltr\"><span>The news sparked a nearly 1% intraday bounce in DOGE, bringing its cumulative gain to over 7% since the announcement. However, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (</span><span>TSLA</span><span>) — Musk’s flagship company — saw its stock plunge more than 7% in after-hours trading, as investors reacted to the potential risks of Musk’s political pivot.(To find out which institutions are selling Tesla shares, check out </span><span>star investors</span><span>)</span></p><p dir=\"ltr\"><span>President Donald Trump responded sharply, calling Musk a “derailed train” and criticizing the creation of a third party. Treasury Secretary Scott Bessent added that Musk should “focus on business, not politics”.</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1914381329.SGD","symbol_name":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","start_time":0,"source_url":"https://www.tradingkey.com/news/stocks/250863320-elon-musk-america-party-dogecoin-tesla-stock-tradingkey-block-tao","article_id":"2549370691","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/uploads/20250707/82a5b81c0a9f486a9aad399edaae2dceshutterstock_2583885197.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549370691","pubTimestamp":1751851788,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"On Monday, July 7, Dogecoin (DOGE) extended its rebound, surging over 4% in the past 24 hours to a high of $0.1752 before easing back to $0.1711.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","BK4550":"红杉资本持仓","TSYW.SI":"TESLA 3xLongSG261006","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4585":"ETF&股票定投概念","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","TSLA":"特斯拉","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4527":"明星科技股","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1548497426.USD":"安联环球人工智能AT Acc","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4555":"新能源车","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0056508442.USD":"贝莱德世界科技基金A2","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","BK4516":"特朗普概念","DXYZ":"Destiny Tech100 Inc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4612":"AI芯片"},"translate_title":"Elon Musk发起“美国派对”——狗狗币上涨，特斯拉股价暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DXYZ":1,"TSLA":1,"TSLL":1,"TSYW.SI":0.6},"content_text":"TradingKey – On Monday, July 7, Dogecoin (DOGE) extended its rebound, surging over 4% in the past 24 hours to a high of $0.1752 before easing back to $0.1711.Dogecoin Price Chart – Source: TradingView.The rally followed a surprise announcement on Saturday, July 5, when billionaire Elon Musk declared the formation of a new U.S. political movement called the “America Party.” In a post on X, Musk criticized the current political system as “wasteful and corrupt,” calling for a new party to restore individual freedoms and disrupt the status quo.The news sparked a nearly 1% intraday bounce in DOGE, bringing its cumulative gain to over 7% since the announcement. However, Tesla (TSLA) — Musk’s flagship company — saw its stock plunge more than 7% in after-hours trading, as investors reacted to the potential risks of Musk’s political pivot.(To find out which institutions are selling Tesla shares, check out star investors)President Donald Trump responded sharply, calling Musk a “derailed train” and criticizing the creation of a third party. Treasury Secretary Scott Bessent added that Musk should “focus on business, not politics”.Find out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}