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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: 2, Informative) by Ethanol-fueled on Saturday May 02 2020, @03:10PM

    by Ethanol-fueled (2792) on Saturday May 02 2020, @03:10PM (#989499) Homepage

    Sounds like he's embraced the Kim Jong Un principle that so many other of America's desperate celebrities have embraced: When something like a pandemic gets all the attention, you do something stupid and clownish to try to earn some of that attention back. Musk's dumb tweets, contrived "fake death" hysteria of Kim Jong Un (before he just threatened a missile launch when the world stopped paying attention to him for a month or so), or the just generally pathetic "please pay attention to me" instagram vids a lot of dumb American celebrities are making.

    With honest striptease camwhoring there's at least the opportunity to make money.

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