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Tesla Shares Fall as Investors Bash Musk’s Twitter Focus

Started by Epoch-Times-Bot, Dec 15, 2022, 07:53 AM

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Epoch-Times-Bot

Dec 15, 2022, 07:53 AM
Tesla Shares Fall as Investors Bash Musk's Twitter Focus

SAN FRANCISCO—Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon Musk lashed out at Musk’s distraction from the electric car company following his buy of Twitter.
Shares of Tesla, the world’s most valuable carmaker, is one of the worst performing stocks among major automakers and tech companies this year, as investors worry that Musk’s Twitter buy could divert his time away from Tesla and he could offload more Tesla stocks to prop up the social media company.
Investors are also increasingly concerned that his antics could hurt brand and sales of Tesla, the world’s top electric carmaker which faces increasing competition....

Source: Tesla Shares Fall as Investors Bash Musk's Twitter Focus

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