Tesla’s market cap dips, widening gap between Musk and world’s No.1 billionaire
On Tuesday, the electric vehicle maker’s equity valuation dipped below US$500 billion in mid-day trading for the first time since November 2020.
Tesla
Tesla stock ‘tarnished’ by Musk’s Twitter antics, analyst warns
The Musk-Twitter saga started when the billionaire acquired a 9% stake in the firm back in April and within weeks announced a bid to acquire it at a massive premium.
Elon Musk has sold US$3.9 billion of Tesla stock since Friday
The world’s richest person has now sold US$19.3 billion of Tesla stock since announcing his Twitter takeover.