Elon Musk boosts Tesla’s stock by tweeting that it won’t need to raise money this year

Elon Musk boosts Tesla’s stock by tweeting that it won’t need to raise money this year

6 years ago
Anonymous $CLwNLde341

https://qz.com/1252230/tesla-ceo-elon-musk-boosts-his-companys-stock-by-tweeting-that-it-wont-need-to-raise-money-this-year/

Elon Musk chided The Economist on Twitter today for being “just boring,” and bumped Tesla’s stock price in the process.

The 174-year old publication had cited (paywall) an analyst report predicting that the electric carmaker will need to raise $2.5 to $3 billion later this year to manage a looming cash crunch. Musk denied it.

Elon Musk boosts Tesla’s stock by tweeting that it won’t need to raise money this year

Apr 13, 2018, 4:17pm UTC
https://qz.com/1252230/tesla-ceo-elon-musk-boosts-his-companys-stock-by-tweeting-that-it-wont-need-to-raise-money-this-year/ >Elon Musk chided The Economist on Twitter today for being “just boring,” and bumped Tesla’s stock price in the process. >The 174-year old publication had cited (paywall) an analyst report predicting that the electric carmaker will need to raise $2.5 to $3 billion later this year to manage a looming cash crunch. Musk denied it.