Elon Musk tweeted that Tesla’s market capitalization fell 17 trillion



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Tesla CEO Ilon Musk tweeted that Tesla’s stock price was too high and that Tesla’s market cap fell by $ 14 billion (about 17 trillion won).

As a result, as investors immediately sold Tesla shares, the total value of Tesk shares held by Musk also decreased by $ 3 billion (approximately 3.73 trillion won).

“I think Tesla’s stock price is too expensive.” He said in a series of tweets that included the sale of his property.

In another tweet, he said his girlfriend was upset with him, and in another tweet, he wrote, “Anger, anger at the death of the light of conscience.”

A tweet written by Musk who was considering revoking Tesla’s listing in 2018 led the United States Securities and Exchange Commission to impose a fine of $ 20 million (approximately 24 billion won), which was later reviewed by attorneys for all his writings on Twitter. He agreed to receive.

‘Issue’

The Wall Street Journal informed Musk if he had written a joke about Tesla’s stock price and if it had been reviewed by an attorney and said “no.”

Tesla’s stock price soared this year, bringing its market capitalization closer to $ 100 billion (about 122 trillion won).

“I am going to sell all the material property. I am not going to have any house.”

“We think these comments by Musk are a joke. His tweets are still controversial, so it must be a headache for investors. Wall Street is clearly unsatisfied.” Daniel Ives, an analyst at Weedbush Securities, told Reuters.

In 2018, Musk wrote on Twitter that he had the necessary funds to abolish the Tesla list and turn it into a private company. As a result, Tesla’s stock price fluctuated. The US Securities and Exchange Commission. USA He fined him and forced Tesla to prevent this from happening again.

But last month, a federal judge said Tesla and Musk had to be sued by shareholders for tweets about a private change.

Earlier in the week, he criticized his 34 million followers for the US government blockade due to Corona19. In 2019, a British diver was sued after calling him a boy.

In this tweet, Musk said he would sell his possessions, including his home.

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