Elon Musk is famous for his Controversial Tweets and uncanny comments, which often land him in the eye of the storm. A few months back, he was in the news due to a spat on Twitter with a person on the Thailand Cave rescue incident.
Musk Tweet may cost his position as Tesla CEO
Now he is trending again because of a tweet, which may end up him losing his job as the CEO of the company. He just made an outrageously bizarre tweet in which he said that the Tesla Stock Price is Too high.
His tweet suddenly created swirl in Twitter space, and people started sharing and commenting on it. No longer than a few hours post this tweet, the market value of Tesla plummeted by 14 Billion dollars.
The impact of the tweet was massive and jeopardized his stake as the head of the company.
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Tweet that made shares fall massively
He has also tweeted that he is selling his possessions and even his house. Seemingly, he was on a tweeting spree, which made the stocks of the company fall like an unharnessed object. Before the controversial tweet, the stock was trading at $760.23, which went to a low of $717.64 within a few hours.
Musk is a repeat offender and habitual sensational Twitter user who keeps on tweeting strange things. He earlier tweeted that he is considering taking Tesla private at 420 Dollars and has secured funding.
A repeat offender with controversial Tweets
Last year he tweeted,
“Tesla made 0 cars in 2011 but will make around 500k in 2019” and later “Meant to say annualized production rate at the end of 2019 probably around 500k, i.e., 10k cars/week. Deliveries for the year are still estimated to be about 400k.”
Loggerheads with Government in a Tweet
On Wednesday, he expressed his disagreement and annoyance with the government on the shelter in place orders due to the coronavirus pandemic. He said that “Give people their freedom back: in a tweet.