Tesla investors tell Elon Musk to stop wasting time on Twitter as his erratic tweets prompt them to sell shares
This has become too much for investors such as Trevor Goodwin, who held Tesla stock for five years before losing confidence in Musk over his tweets.
The business analyst from Kansas City, Missouri told Bloomberg that he recently sold Tesla shares worth $30,000. Goodwin and his wife both drive Teslas, and used to praise the company to friends. He now says that Musk's erratic behavior is too much to deal with, and only kept a handful of Tesla shares.Despite Tesla's share price falling 56% this year to close at $174 on Wednesday, the stock has still risen by more than 700% over the past five years after trading at $21 on December 8, 2017.
Banning doesn't plan to sell his shares, however, but wishes Musk would be less political and provocative.Other investors, such as Phoenix, Arizona-based lawyer Jonathan Batchelor, are more concerned about who's actually running Tesla.
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