Tesla Stock Falls After CEO Elon Musk Tweets It's 'Too High'
May 01 2020 - 11:59AM
Dow Jones News
By Allison Prang
Shares of Tesla Inc. were down 7.3% late Friday morning after
Chief Executive Elon Musk tweeted he felt the company's share price
was "too high."
"Tesla stock price is too high imo," the CEO tweeted after 11
a.m. Friday.
Shares of Tesla closed Thursday at $781.88 a share. As of midday
Friday, they have risen 51% over the last month and have climbed
73% year to date.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
May 01, 2020 11:44 ET (15:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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