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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: 3, Insightful) by SomeGuy on Saturday May 02 2020, @01:49PM (3 children)

    by SomeGuy (5632) on Saturday May 02 2020, @01:49PM (#989454)

    I'll keep on saying it - People in charge of large companies, or worse yet, the USA, should never even come close to Twitter. It is completely insane how people treat it as some kind of official announcement platform, yet use it to post about what they had for lunch or what their cat is doing.

    People get sued, loose their jobs, make headlines, get lynched for things they post on Tweeter. Would the same thing happen if they posted the same comment on SoylentNews? For some reason, no.

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  • (Score: 0) by Anonymous Coward on Saturday May 02 2020, @01:57PM

    by Anonymous Coward on Saturday May 02 2020, @01:57PM (#989463)

    Would the same thing happen if they posted the same comment on SoylentNews?

    Of course it would. It takes only one visitor to tweet a link to this comment and it's the same story.

  • (Score: 1) by fustakrakich on Saturday May 02 2020, @03:25PM

    by fustakrakich (6150) on Saturday May 02 2020, @03:25PM (#989507) Journal

    Would the same thing happen if they posted the same comment on SoylentNews? For some reason, no.

    Could be because a hundred million people aren't following. Maybe if it's posted on a SoylentNews Twitter page it might get some notice?

    Moral of the story, don't become too popular, and you can say what you want. Strange that you would be the one crucified because too many people listened to you, as if they couldn't help themselves

    --
    La politica e i criminali sono la stessa cosa..
  • (Score: 0) by Anonymous Coward on Saturday May 02 2020, @03:41PM

    by Anonymous Coward on Saturday May 02 2020, @03:41PM (#989510)

    Not at all, literally everything I tweet gets completely ignored, like it isn’t even there