Thursday, December 1, 2022
HomeTeslathe stock falls below $200 because of Twitter

the stock falls below $200 because of Twitter

Tesla stock falls below $200

Since Elon Musk took control of Twitter and seems to devote his time to the social network, investors are worried about the future of the 100% electric manufacturer. Between 1eh November 2022 and the end of November 7, 2022, the value of Tesla stock decreased by $30, also falls below the symbolic bar of $200 per unit (197.08 at the close of Wall Street on November 7, 2022).

The drop is significant: in one year, Tesla’s value has been halved (-49%). And you have to go back to June 2021 to find Tesla stock worth less than $200 ($199 on June 4, 2021). It is therefore the gains of almost a year and a half of listing on the stock market that have gone up in smoke.

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