Jump to content
Sign in to follow this  
Admin

Elon Musk says Tesla’s stock price is too high, and now it has fallen

Recommended Posts

elon-musk

Tesla CEO Elon Musk tweeted Friday that Tesla’s stock price is “too high imo,” and the stock fell immediately after. Tesla’s stock is down more than eight percent as of this writing.

Last year Musk made an agreement with the Securities and Exchange Commission to have a company lawyer pre-approve tweets about Tesla’s finances, sales, or deliveries last April. The settlement exists because Musk tweeted he was thinking of taking Tesla private, “funding secured.” The SEC sued him for securities fraud as a result.

Here is Musk’s entire tweet:

Tesla stock price is too high imo

— Elon Musk (@elonmusk) May 1, 2020

On February 19th of last year, Musk tweeted that Tesla would make “around” 500,000 Tesla Model 3s in 2019, which was not in line...

Continue reading…

View the full article

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using The Great Escaped Online Community, you agree to our Privacy Policy and Terms of Use