Tesla stock marks lowest close in years as investors worry about Musk’s focus

Experts blame Elon Musk’s management style at Twitter for the electric carmaker’s financial problems

Tesla shares fell on Tuesday to their lowest in more than two years, marking the company’s worst day in eight months, as Elon Musk’s electric carmaker confronts a rocky financial period.

The company’s stock has lost more than half its value since the start of October. Investors worry that Twitter is taking much Musk’s time, now that he is the social network’s owner and CEO.

Continue reading...

from The Guardian https://ift.tt/Bc4dEj5
via

Post a Comment

0 Comments