Tesla Stocks Suffering After Elon Musk's Tweet
  • 6 years ago

CEO Elon Musk posted a tweet saying he was making Tesla private at $420 a share. Since that tweet the company’s stock fell more than 4 percent, as low as $346.49. Although numbers are up to $352.45 now, before the tweet stock was worth $358. Musk has not given much details but did say that funding was secured to go private. According to Business Insider, Musk told his employees that no final decision has been made.
Recommended