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Tesla shares fall as Musk says stock too high in 2018-style tweets

Tesla shares plunged after Elon Musk said the electric car maker’s stock is too high in a stream of tweets reminiscent of the posts that securities regulators sued him over in 2018.Musk, chief executive of Tesla, posted more than a dozen times in a span of less than a 75 minutes on Friday, claiming he was selling “almost all” of his physical possessions and will not own a house. He also renewed his call for reopening the US economy.Hours later, Tesla’s head of human resources for North America…

Read the original article at South China Morning Post

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