Tesla share price plunge knocks $267bn off market value

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Decline wipes billions off Elon Musk’s fortune as investors fear firm is vastly overvalued

A sharp decline in Tesla’s share price has wiped more than $250bn off the value of the electric car company, and dragged down the value of an Edinburgh-based investment fund that is one of Tesla’s biggest backers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hiltonholloway Has it taken this long for investors to realise the ticker symbol should be HYPE rather than TSLA?

Fear it's over valued

Tesla valuations are steady like crypto-currency

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in BUSİNESS

Business Business Latest News, Business Business Headlines