Tesla loses $125 bn in market value as Musk buys Twitter
Shortpedia
Content Team
Image Credit: shortpedia
With Elon Musk acquiring Twitter for $44 billion, the stock of his electric car company Tesla tanked, and at least $125 billion were wiped out from its market value over some obvious risks. According to media reports, Musk could face conflict with China over free speech, which is a key market for Tesla as it produces vehicles at the Shanghai Gigafactory.
