
Tesla Loses Shine as Elon Musk’s Tweet Saga Gets Worse and Worse
As Tesla Inc.’s “going private” chaos turns more ominous, investors are taking a step back. Shares of the electric vehicle maker dropped 3 percent in early trading on Friday, and are now down more than 14 percent since Elon Musk tweeted last week about his plans to take the company private, taking the market by surprise. The latest turn in the drama came late on Thursday, when the New York Times reported a teary-eyed Musk saying that no one had seen or reviewed the tweet before he posted it while driving himself to the airport. …read more […]