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Tesla's Founder Elon Musk tweet wipes $14bn off Tesla's value

Tesla’s Founder Elon Musk tweet wipes $14bn off Tesla’s value

Since complaining that its share price was too high, Tesla’s founder Elon Musk wiped $14bn off the automaker’s value.

The tweet also kicked off Mr Musk’s own interest in Tesla by $3bn as creditors quickly bailed out of the business.

“Tesla stock price too high imo,” he wrote, one of many tweets that included a pledge to sell his land.

He stated his girlfriend was mad at him in other tweets,…

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Tesla is now most valuable Auto Maker in USA

Tesla Rivals GM as the Most Valuable Auto Maker in U.S. Silicon Valley overtook the Motor City on Monday. A surge in Tesla Inc. stock during morning trading gave it the title of largest U.S. auto maker by market value—a feat that would have seemed highly improbable 13 years ago when the electric-car maker based in ., first began tinkering with the idea of making a sports car. Shares in Tesla rose…

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