Tesla Inc. Chief Executive Elon Musk stirred fresh Twitter controversy on Friday, saying the Silicon Valley car maker’s stock was “too high,” prompting more losses for the shares and erasing the bump from a surprise quarterly profit reported earlier this week.
iframe.twitter-tweet { width: 100% !important; } Tesla TSLA, -10.12% shares added to losses after his tweets, recently down more than 10% and after trading as high as $772.77 earlier in the session. It traded as low as $664.04.Musk late Wednesday shocked investors by railing against shutdown orders that have kept nonessential U.S. businesses, including Tesla’s main car-making factory in California, closed to help curb the spread of the coronavirus pandemic.
That same day, he also tweeted against the orders, adding to his controversial record of commenting on the pandemic. Tesla shares have gained 202% in the past 12 months and nearly 35% in the past three months. That contrasts with a loss of nearly 10% in the past 12 months for the S&P 500 index SPX, -2.68%, which has gained 10% in the past three months.
Lol calling him a fool... hahahaha we will see who gets played...
For Real ElonMusk 😨😄
Thank you for cooling it down a bit in preparation for Q2 financials. elonmusk Keep on giving!
Correct I say sell🤡🤡🤡
I smell fraudulent activity , Einhorn hacked his Twitter account . $TSLA
some one needs to intervene with him... good things i sold all my tesla stocks yesterday at the high point... knowing that something wasn’t right about musk
He is off meds. Something is happening deep in the company. We may know in a few days.
Always with the weed puns this guy.
Why would anyone want to own this?
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