Elon Musk Sued by the SEC, Tesla Stocks Lost 13%

in #money2 years ago

Wow, Elon Musk might have to step down from running Tesla.

This might be a trigger for a large slide down in Tesla stock price, even after it had already lost 13% in 1 day. After all, Tesla's market cap is as huge as that of some largest car manufacturers in the world, however, Tesla only produces a handful of cars.

What do you guys think about it? Share your opinion in the comments, I will be glad to upvote meaningful ones.


Holy crap! Did not.see that.

Posted using Partiko Android

Elon is now accused of misleading investigators, and they claim his tweet about taking Tesla private at $420 stock price was alluding to cannabis culture, not a legit stock price.

I find this all very interesting... will be following closely.

It reminds me a bit of that show BIllions, except this s real life. Buckle up, I think the wild ride is just getting under way for Elon and Tesla.

Thank you for sharing this!

You got a 16.95% upvote from @minnowvotes courtesy of @myfinanceteacher!