Tesla falls as much as 6 percent, giving back gains prompted by Musk's tweet on taking the company private

Tesla falls as much as 6 percent, giving back gains prompted by Musk's tweet on taking the company private

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/09/tesla-stock-gives-back-gains-from-musk-tweet-earlier-this-week.html

Shares of Tesla gave back all of the stock's gains from earlier this week, as uncertainty starts to weigh on CEO Elon Musk's hopes of taking the company private.

The stock lost 6 percent by midday trading Thursday, falling below $346 before paring some losses. That erases all gains prompted by a tweet on Tuesday in which Musk publicly floated the possibility of going private, sending shares up 11 percent.

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