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Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears

https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-128-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 12% Tuesday to $876, pushing the stock down more than…

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