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posted by Fnord666 on Saturday May 02 2020, @02:20AM   Printer-friendly
from the you've-got-another-fine-comin' dept.

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

The tweet also knocked $3bn off Mr Musk's own stake in Tesla as investors promptly bailed out of the company.

"Tesla stock price is too high imo," he said, one of several tweets that included a vow to sell his possessions.

In other tweets, he said his girlfriend was mad at him, while another simply read: "Rage, rage against the dying of the light of consciousness."

In 2018, a tweet about Tesla's future on the New York stock market led to regulators fining him $20m and agreeing to have all further posts on the platform pre-screened by lawyers.

Previously:
(2019-04-27) Elon Musk Reaches Settlement in SEC Tweet Battle
(2018-10-06) Elon Musk Isn't on His Twitter Leash Yet, So He's Taunting the SEC
(2018-09-30) SEC Settlement: Elon Musk Resigns as Chairman of Tesla, Stays as CEO, $40 Million in Fines Paid
(2018-09-28) Elon Musk Accused by SEC of Misleading Investors in August Tweet [Updated]


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  • (Score: 1, Informative) by Anonymous Coward on Saturday May 02 2020, @02:51AM (2 children)

    by Anonymous Coward on Saturday May 02 2020, @02:51AM (#989312)

    Several tweets actually, about the lockdown
    https://www.the [www.the] verge.com/2020/4/29/21242102/elon-musk-coronavirus-fascist-shelter-in-place-tesla-covid-19-safety-science

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  • (Score: 0, Disagree) by Anonymous Coward on Saturday May 02 2020, @06:43PM (1 child)

    by Anonymous Coward on Saturday May 02 2020, @06:43PM (#989551)

    working link [theverge.com]

    i guess this is what happens when you dare speak out against the destruction of the country by seditious forces and useful idiots. I admire him for having the guts to say those things knowing it would cost him big money.

    • (Score: 0) by Anonymous Coward on Monday May 04 2020, @05:59PM

      by Anonymous Coward on Monday May 04 2020, @05:59PM (#990346)

      Plus taking out the value of $11bn of others. I wonder if they all admire him too for his guts, or hate them because he is directly responsible for taking that money out of their pockets?