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Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears

https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-114-billion-in-value-as-twitter-deal-sparks-fears/
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve’s looming interest rate hikes. Key Facts Tesla shares fell as much as 11% Tuesday to $890, pushing the stock…

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