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-0.00160966789563629 -0.00199177861592571 0.00217541777909632 0.00364453108445995 0.00343249848144551 0.000274046135808328 -0.00563404952606964 -0.00930909296379472
Stock impact report

Elon Musk Tweets Tesla Is 'Too High,' Stock Tanks [TheStreet.com]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: TheStreet.com
Elon Musk Tweets Tesla Is 'Too High,' Stock TanksAuthor:Jacob SonenshinePublish date:May 1, 2020Video Duration:1:26(TSLAGet ReportElon Musk made a tweetThe stock fell 11.44% to $692 a share.Here’s what Musk tweeted Friday late morning:"Tesla stock price is too high imo.” It is unclear what “imo” means, but it could possibly mean ‘in my opinion.’This potentially raises several legal questions.In August 2018, Musk tweeted that Tesla had secured financing for a $420 per share take-private transaction, which proved to be closer to untrue than to true, resulting in a legal battle with the Securities and Exchange Commission.Lawyers were quick to point out that a cardinal sin in financial markets is by speaking untruthfully in order to manipulate the stock price. Musk ultimately agreed with the SEC to refrain from using twitter to make comments that are important regarding Tesla or the stock.Tesla recently posted a profitWatch More of the Latest Videos from TheStreet and Jim Cramer Show less Read more
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