Elon Musk’s buy and subsequent operating of Twitter isn’t the very first thing he’s achieved to attract non-fundamental concern from
Tesla
buyers. Points that originate from phrases or actions from Tesla’s CEO will be irritating for shareholders, however Musk’s observe document may give an thought how lengthy the inventory ache will final—and what may cease it.
There have been 4 or 5 Musk-events which have been vital sufficient to drive detectable underperformance in Tesla inventory (ticker: TSLA): The “pedo man” incident and “funding secured” tweet, each in 2018; Tesla’s early 2021 Bitcoin buy; Musk’s late 2021 inventory gross sales; and, after all, Musk’s latest Twitter buy.