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This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) shares fell roughly 4% to 5% Wednesday after Democrats won control of both chambers of Congress in the U.S. midterm elections, creating fresh political and regulatory uncertainty around Elon Musk's companies. Warning! GuruFocus has detected 7 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator.TSLA GF Value chart The election outcome is particularly notable because Musk spent nearly $474 million during the election cycle, primarily backing Republicans and conservative political groups.
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