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Tesla’s shares fell sharply after its CEO Elon Musk tweeted on his official Twitter page, saying the company’s shares were too high, costing the company around $ 10 billion in value. market.
Musk has more than 33 million followers and has a history with bad tweets, which have already caused problems for his company.
And in 2018, his tweet caused Mask to acquire all of Tesla’s shares and make it wholly private property in a complaint by US money market regulators. USA
The problem eventually resulted in a deal, as Musk promised not to use Twitter in any of the company’s tweets without consulting the company’s legal matters.
It was not immediately known whether the latest tweet had obtained approval of the company’s legal affairs before it was written.
As part of the agreement reached in 2018, Mask retired from the chairmanship of the company’s board of directors for a period of 3 years.
Tesla shares fell approximately 60% after the Corona crisis, before recovering sharply recently, at approximately 120%.
High increases in the company’s shares have caused serious losses to short-selling investors who are betting against the company’s high shares.
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