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Tesla and SpaceX shares tumble after Democratic Congress sweep

Democrats have swept to control of the US Congress in a mid-term landslide, weighing on the shares of Republican mega-donor Elon Musk's Tesla Inc and Space Exploration Technologies Corp.

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民主党横扫国会后,特斯拉和SpaceX股价暴跌。

The Democrats’ statewide sweep of Texas delivered a particular blow to Musk, who has based Tesla and SpaceX there. — Bloomberg

WASHINGTON: Democrats have swept to control of the US Congress in a mid-term landslide, weighing on the shares of Republican mega-donor Elon Musk’s Tesla Inc and Space Exploration Technologies Corp.

Ahead of yesterday’s open, Tesla fell about 5% in premarket trading while SpaceX dropped 6.9% after Democrats took control of Congress.

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