Tesla stocks take a sharp dive after controversial tweets from CEO’s account Electric car maker Tesla’s stock took a sharp nosedive by over 8% after CEO Elon Musk seemingly tweeted that he thought the company’s valuation is too high.
In what’s likely a hack of Musk’s Twitter account, a series of tweets ensued about Musk’s girlfriend, the covid-19 lockdowns and that he’s selling all his possessions.
Tesla stock price is too high imo The tweets started with one which said, “Tesla stock price is too high imo (in my opinion)," followed by another saying, “Now give people back their FREEDOM," and continued for over an hour.