Musk’s Twitter acquisition plan already affects Tesla shares | Technique

Elon Musk’s proposal to buy Twitter for 40 billion euros seems like a difficult dose for investors in Tesla, the world’s most valuable car brand in terms of market value. Shares in the electric car maker fell more than 11% on Tuesday from Monday’s closing price and settled below $ 887. It is the largest daily drop since January 27, when the drop was 12% after a lower-than-expected result in the fourth quarter of 2021.

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