Tesla up in pre-market after Elon Musk announces quitting Twitter management

(AOF) – “I will resign as CEO (of Twitter) as soon as I find someone stupid enough to accept the job! After that, I will just lead the software and server teams.” This is what Elon Musk tweeted on December 21, after a poll launched by him on the network favored 60% of users in favor of his departure: in reaction, the title of Tesla gained nearly 2 % in pre-market on Wall Street. Tesla stock lost another more than 8% yesterday to close at $137.8, its lowest since September 2020, down 55.95% year on year.

While investor Ross Gerber estimated yesterday on Twitter that the value of the Tesla title now reflected “the fact of no longer having a CEO”, Musk replied by invoking macroeconomic factors: “Like the interest rate of accounts savings banks, which are collateralized, are starting to approach stock market returns, which are unsecured, people will increasingly move their money from stocks to cash, which will cause stocks to fall,” he said. he tweeted.


The AOF information reproduced on Capital.fr is taken from the AOF information service. This information is protected by intellectual property rights held by OPTION FINANCE SAS, publisher of the AOF real-time stock market information service, and its contributors. Consequently, any reproduction, copy, duplication, modification, transfer, redistribution, translation, commercial exploitation or not, creation of a hypertext link or reuse in any way whatsoever of this information is subject to the prior written consent of OPTION. FINANCE SAS and its contributors. AOF can be reached at the following address [email protected] OPTION FINANCE SAS collects its data from the sources it considers the safest. subject to its gross negligence, OPTION FINANCES SAS and its contributors do not in any way resist the absence of error and defects, even hidden ones, nor the exhaustive character or the lack of conformity to any use of these data and of OPTION FINANCE SAS or one of its contributors, and cannot be held responsible for any delays or interruptions that may affect access to them. The user of the OPTION FINANCE SAS service will use the AOF data at his own risk and must hold OPTION FINANCE SAS and its contributors harmless from any claim resulting from this use.

Leave a Comment