Confucius say: “Don’t drop LSD while on Twitter”
Elon Musk wipes $15 billion off Tesla’s valuation by tweeting that Tesla’s stock shares are ‘too high’
Tesla shares extended losses after his tweets on May 1st and fell more than 10% of value
Tesla ended the trading day with a market cap around $130 billion having lost $15 billion from the previous day’s close
Musk’s Twitter thread on May 1st continued with the CEO tweeting parts of the Star Spangled Banner and professing to focus on Mars rather than needing earthly possessions
https://www.marketwatch.com/story/el...igh-2020-05-01