Elon Musk tweeted that the stock price for his company Tesla is “too high.” After the entrepreneur’s tweet, the stock price on the stock exchange began to fall sharply, losing almost 10% in price. According to MarketWatch, the market value of Tesla has fallen by about $ 15 billion to $ 129 billion.
Asked by the Wall Street Journal, if his tweet was a joke, the head of Tesla and SpaceX replied that “no.” On Friday, he also posted several other tweets that caused many to wonder.
The entrepreneur said that he “sells all his property,” emphasizing that he devotes his life “to Mars and Earth since the possession of property makes you mundane.”
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020