While at the same time it is down -4.97% from the gap open. Where it opened today is far more important - today - than where it closed yesterday.
who would have thought elon bought twtr? u think it has anything to with him buying twtr that tsla is down?
I have no idea. I'll have to wait for the talking heads to come up with a plausible explanation. I only know that it broke support. The earnings announcement should have moved the stock up and it didn't. I was planning to take a position if it broke out but luckily it fell short.
I think Musk buying Twitter is a key reason for its lower price. Musk can be controversial and the market priced Tsla accordingly.
He likely has to sell some TSLA shares to raise cash is prolly the reason for drop. Nothing controversial about that.
https://teslamotorsclub.com/tmc/posts/6738702/ Interesting to consider. I do not know who the author is.