Dumb Tweet From Elon Musk Probably Cost Him A 750 Million Bonus
Musk took to his official Twitter account (where all his tweets pertaining to the business are supposed to be subject to review before posting) to tweet the following short-and-sweet missive about his view of Tesla’s current market value: When he did that, Tesla was sitting at $760 per share, and almost immediately it was down to under $700. After a slight rebound, the stock had shed about eight percent, a pretty sharp response to a six-word tweet that ends in “imo....