Tesla shares fall 1.46% after-hours as Q2 profits drop 16% due to Musk's political involvement.

Tesla, Inc. dropped 1.46% in after-hours trading, with the company's latest quarterly results showing a 12% drop in sales and a 16% decline in profits. The fallout from Elon Musk's political involvement has led to boycotts and a negative perception of the brand, contributing to the decrease in sales and profits.