The share price sank 10.3 percent Friday to close at $701.32 following the latest Twitter outburst.
Irascible, outspoken Tesla chief Elon Musk went on another Twitter rant Friday, including saying the company’s stock was overvalued, which sent the electric carmaker’s shares tumbling.— Elon Musk “Now give people back their FREEDOM,” he demanded shortly after and then cited lines from the US national anthem, an apparent repeat of his complaints about stay-at-home orders and business shutdowns due to the coronavirus pandemic.
Musk, who delivered an expletive-laden rant Wednesday night in an earnings call in which he dubbed coronavirus restrictions “fascist,” also said, “I am selling almost all my physical possessions. Will own no house.”
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