Elon Musk’s Tweet Loses $ 14 Billion to Tesla

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One of the richest people in the world, Tesla and SpaceX CEO Elon Musk caused Tesla to lose a fortune due to a tweet. Tesla lost 14 billion dollars after the tweet of Musk.

Elon Musk, which has attracted criticism arrows due to the tweets about quarantine application recently, is one of the richest people in the world. According to Forbes’ list of real-time billionaires, Musk has a total net worth of $ 36.6 billion from Tesla and SpaceX. This fortune makes Musk the 23rd richest person in the world.

Having great wealth requires great attention, as great power brings great responsibility. Musk, who has 33.5 million followers on Twitter, caused Tesla, where he was the CEO, to lose a fortune due to a tweet.

“Tesla’s stock price is too high”
Tesla, which produces electric cars, experienced one of the biggest drops in its history in the stock market. A tweet by Elon Musk, CEO of the company, caused the company’s market value to decrease by $ 14 billion ($ 98 billion).

“I think Tesla’s stock price is too high,” said Elon Musk in his tweet from his official Twitter account. The famous business person answered ‘no’ to the question whether the tweet from the Wall Street Journal was a joke. “My girlfriend is very angry with me,” Musk said later in a tweet he threw.

The market value of Tesla, which gained value very quickly at the beginning of this year, decreased the personal wealth of Elon Musk. According to Elon Musk’s profile in Forbest, his net worth decreased by $ 2.8 billion.

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It is curiously expected whether the US Securities and Exchange Commission (SEC) will impose a sanction after the decline due to Musk’s sharing. Musk was fined 20 million dollars in 2018 due to a tweet about Tesla, and he also had to quit Tesla Chairman of the Board.


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