Connect with us


Billionaire Tesla CEO, Musk sends company shares tumbling after bizarre tweetstorm



The Chief Executive Officer of Tesla, Elon Musk, Friday shocked his followers on Twitter with the public declaration of his intention to dispose of his assets.

The billionaire, who is also the CEO of Space X, wrote on the microblogging platform that he would sell off almost all his physical possessions.

Musk, however, added that his pregnant girlfriend, Claire Boucher, was not happy about his decision.

He said: “I am selling almost all physical possessions. Will own no house.”

Musk is also putting up for sale his Gene Wilder’s old house.

But he does not want the property to be torn down by the buyer.

He added: “Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any its soul.”

READ ALSO: British Airlines to face ‘tsunami of job losses’

Musk also said Tesla stock price was too high. Following the

tweetstorm, Tesla shares plunged as much as 13% as of noon Friday in New York trading. However, the stock is still up about 65% for the year.

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now