Tesla, the electric car maker, lost up to $ 14 billion in market value due to a tweet posted by its founder, Elon Musk, on his Twitter account.
Musk said in the seven-word tweet that he believes his company's stock is valued at a very high price, and after the tweet, the company's shares began to decline, losing about 10% of its value.
The decline in the market value of Tesla's company caused Elon Musk to lose $ 3 billion of his private wealth, and this comes just a few days after the company announced strong financial results despite the halt in manufacturing due to the virus.
Tesla shares fell by about 60% in the aftermath of the Corona crisis, before recovering strongly recently, by about 120%, and the high rises of the company's shares caused sharp losses for short selling investors who are betting against the company's high shares.
ليست هناك تعليقات:
إرسال تعليق