The ‘Key-Man’ Risk and Tesla Shareholders’ Nerves

Barrons2022-04-18

It’s not easy riding with Elon Musk on one of his adventures. Tesla stock has been jumpy since he took his Twitter stake. On Thursday, after he made his takeover bid, Tesla shares fell 3.7%, shedding ...

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Comments

  • CCLaunty
    2022-04-19
    CCLaunty
    👍
  • Zacccc
    2022-04-18
    Zacccc
    K
  • 339742f5
    2022-04-18
    339742f5
    Thanks
  • Sunshinekim
    2022-04-18
    Sunshinekim
    Hopefully, he dies not get more erratic. Tesla shares will swing in a similar mode. 
  • LEESIMON
    2022-04-18
    LEESIMON
    greaat
  • LimLS
    2022-04-18
    LimLS
    Banks might be worried to extend loan due the the current market. Selling his holdings of Tesla most likely will be the choice if he need that 40+ billions or more to buy Twitter. From the past experience of he and his brother selling huge volume, we can see the price going down. So basically this news of buying Twitter will be bad for Tesla price in short term. Of course, business fundamentals is the main driver for long term pricing. But who can accurately predict events for such long term. While I'm bullish on Tesla, I'm not a fool to blindly declare that Tesla price will be beyond 2000-3000 in next 5-10 years. So short term equally matters to me and this buying of Twitter is not good for Tesla price.
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