Tesla share price plunge knocks $267bn off market value

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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.

 

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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

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