Can a tweet wipe out $14 billions of a company’s valuation, YES it can #Tesla

[Juggy777]

I don’t know about you’ll but locked inside the house I have had numerous meltdowns, but I was wise enough to close all my social media handles so that no one could see me in that state. However it seems that Musk was not wise enough to do the same, and one of his meltdowns tweet has wiped off $14 billion of Teslas valuation, and this is not funny and he’s going to be investigated for this. Further he's tweeted some of the bizarre tweets which you’ll can see below and in his twitter account, and in my personal opinion he needs medical attention asap.

Today, Musk tweeted he’d sell “almost all” his physical possessions. Well, all right. Then, he tweeted that Tesla’s share price was too high, sending its shares down. Then he tweeted part of “The Star Spangled Banner,” America’s difficult-to-sing national anthem. He encouraged us all to “rage, rage against the dying of the light of consciousness,” which somewhat mangles the meter of Dylan Thomas’ best-known poem. He announced his girlfriend, the musician Grimes, was mad at him.

Sources:

https://www.bbc.com/news/business-52504187

https://www.theverge.com/2020/5/1/21244747/elon-musk-tesla-tweets-shares-sec-settlement-stock

https://twitter.com/elonmusk?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.washingtonpost.com/education/2020/04/28/having-anxiety-meltdowns-temper-tantrums-front-your-kids-during-covid-19-heres-some-expert-advice-what-do-next/

[nutildah]

He also wiped out $3 billion of his own personal wealth. This has to be some kind of a record in terms of financial loss incurred by a single tweet. I read that he was already removed as the board of directors some time ago, though he does remain CEO -- something tells me that's going to change pretty soon.

Frankly, I'm thinking, good for him. It's just money. He's helping to highlight the absurdity of obscene wealth.

Unfortunately, he is proving Mark Cuban right, who said he wasn't fit to be CEO of a multibillion dollar corporation after he smoked weed on Joe Rogan's podcast.

His life story is going to make a great biopic some day...

[BADecker]

Yes. Business people don't realize that these days popular opinion is king, even if it is the entirely wrong opinion.

However, being true to yourself and what is right, even if you lose your wealth, is better than being rich and living a lie.