This is Why US Billionaire Elon Musk is selling his physical possession
Due to Covid-19 crisis, according to CNN, Tesla’s stock price dropped sharply on Friday, not long after CEO Elon Musk tweeted “Tesla stock price is too high, IMO.”
Tesla’s stockė had been trading at about $US760 ($A1183) a share, then, after Musk’s 11:11am Tweet, it plummeted to below $US700 ($A1090) a share within minutes before rebounding slightly.
By midday, the stock was down 8 percent. Tesla stock price sky-rocketed
The tweet came amidst a string of tweets starting with an announcement that he was “Selling almost all my physical possessions” and “Will own no house,” followed by lyrics from the US national anthem and another tweet indicating that his girlfriend, pop singer Grimes, “is mad at me.”
IMO, acronym stands for “in my opinion.”
After a tweet concerning the stock price, he then tweeted “Now give people back their FREEDOM,” an apparent reference to coronavirus lockdowns that Musk has long protested.
October 2018, Elon Musk reached an agreement with the SEC that anything he tweeted that could impact the company’s stock price would be reviewed before the tweet was sent. That was after Musk had tweeted that he had a deal to take the company private which, it later turned out, he did not.
Musk’s tweet about the stock price probably won’t get him trouble, though, said John Coffee, a professor of corporate law at Columbia University. First of all, the tweet simply states Musk’s personal opinion about the stock price rather than anything concrete.
Musk is a highly intelligent undoubedly an intelligent business man.
Don’t forget to subscribe to our page and try to leave a feedback to express your feelings/thoughts about our content. Always check this space for more News updates
Who has Fantasia dated? Fantasia’s Dating History Since Youth
What happened to Billy the Exterminator? Wiki, Bio, divorce, wife, net worth
Who has Michael Jordan dated? Michael Jordan’s dating history
Who has Margot Robbie dated? Boyfriends List, Dating History
Where is Dian Parkinson now? Wiki Bio, net worth, measurements, age
Mountain Monsters Wiki: Cast, Fake, Cancelled, Salary, Renewed
Stan Cadwallader Wiki Bio, husband Jim Nabors, Net Worth, Age, Family
Who is Rohit Khatri, Fitness Model posing at Amacher Olympia 2021
I Quit Motorsport to Become a Pornstar for this reasons – Renee Gracie
With Just 5k Start Dried Ponmo Business and Make Up To 150k Monthly
Politics : 2023 elections in the eye of Covid-19
FG Recruitment: Link To apply for The 774,000 Employment
Entertainment : Will Terry G Stage A Comeback Just Like Obesere?
Alligator Pepper, its Health and Spiritual Benefits
25 Natural Food Ingredients For Butt Enlargement
Football: Bayern Munich gives epic reply to ESPN following complaints about their muscular players
Myon Burrell walks out of prison 18 years after he was jailed for a crime he did not commit
Operation Crocodile Smile: Watch Moment Soldiers Shot Citizen in Auchi Edo State
Nigerians Hold A Candle Night Service For Victims Killed By SARs (Videos+Pictures)
Ant Man Star, Paul Rudd Makes Wearing Mask Fun in A Video
CRACK Now Showing On YouTube, Don’t Miss It! (Video)
YouTuber Jenna Marbles Quits Channel, Explains Why
Amazing Things You Need To About Pokémon Unite
I heard My Son Calling My Name – Vickey Scott
Biography15 hours ago
Love Island: Who is Kaz Crossley? Age, Wikipedia, Viral Cocaine Video, Boyfriend, Net worth, Height
Biography3 days ago
Michael Carrick – Bio, Net Worth, Salary, Wife, Family, Parents, Nationality, Age, Height, Wiki, Awards, Facts, Teams Played, Trophies, Career, Kids
Biography3 days ago
Eddie Mekka – Bio, Net Worth, Death, Death Cause, Wife, Age, Family, Nationality, Height, Facts, Parents, Awards, Career, TV Shows, Life Story, Wiki
Biography3 days ago
Who is Annie Live! Star Celina Smith? 5 Things to know about the actor playing Annie in ‘Annie Live’ musical