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Musk wrote Friday that he believes the electric car maker’s share price is too high. In addition, the tech billionaire tweeted, among other things: “I sell almost all physical property” and that he will no longer own a home.
As a result, Tesla’s share fell further and temporarily fell about twelve percent on the New York Stock Exchange.
Musk is known for causing a stir with strange Twitter appearances. Tesla’s success so far has had little impact: on Wednesday, the company celebrated its highest profitability tranche since its founding in 2003 with the third consecutive quarterly profit. The share price has risen by more than 80 percent since the start of the year despite heavy losses on Friday. Although the corona pandemic is weighing heavily on the auto industry.
