With Tesla shares having one of their worst days in recent history today, one of the firm’s investors believes that the firm’s CEO, Elon Musk, accounts for as much as $150 of its value. Tesla’s rise from being a nearly defunct EV manufacturer to a global manufacturing powerhouse is attributed to Musk’s work ethic at the firm’s factories. Investors were buoyant about the stock following President Trump’s November election victory, but concerns about Tesla’s falling deliveries have pushed the stock to lose a whopping 41% year-to-date and erase all post-election gains. Ahead of yesterday’s 15% drop, which was the largest […]
Read full article at https://wccftech.com/elon-musk-accounts-for-as-much-as-150-of-teslas-share-price-says-long-time-investor/
