Express

Tesla’s Stock Price Plunged Minutes After Elon Musk Tweeted Price Too High

Yiran Dai

Summary: Tesla’s stock plunged after its CEO Elon Musk tweeted, “Tesla stock price is too high imo” at 11:11 a.m. (EST) today. After bouncing back from its mid-day low at $686 a share, the vehicle manufacturer’s stock price closed with a decrease of about $60 per share.

Tesla’s stock plunged after its CEO Elon Musk tweeted, “Tesla stock price is too high imo” at 11:11 a.m. (EST) today. After bouncing back from its mid-day low at $686 a share, the vehicle manufacturer’s stock price closed with a decrease of about $60 per share.

The top reply with 10k likes came from Bitcoin (@Bitcoin) as “Bitcoin price is too low imo.” IMO is the acronym for “in my opinion.”

This is not the first time Elon Musk claimed the stock price of Tesla overvalued. According to a report from CNN Business, in 2013, Musk said, “the stock price that we have is more than we have any right to deserve.”

By Yiran Dai

Last Update:

Tags: ,
Link: Tesla’s Stock Price Plunged Minutes After Elon Musk Tweeted Price Too High   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 27 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025

    • You need to login to comment.