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Elon Musk’s shares fells because of his attacks on a British diver

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Elon Musk’s shares fells because of his attacks on a British diver
September 06
09:00 2018

A drop of Tesla’s shares by 4% on Tuesday occurred at the beginning of the trade on Wednesday too. Yesterday, the fall amounted to 1.3%. At the end of the session, the stock price amounted to $ 282, which is regarded as the lowest one since early summer.

The fall in the securities value of the technology company was associated with the reluctance of Mr. Musk to speak with the analysts at the conference call. However, now analysts believe that Elon’s accusations of the diver Vernon Unsworth also have a negative effect.

Let’s recall the chain of events. A diver from Britain took part in the operation during which Thai schoolchildren were rescued from a flooded cave. The driver criticized the idea of Elon Musk to send a miniature submarine to save the children. In response to the criticism, the head of Tesla called the diver a pedophile. Later he apologized, but now has accused the diver again.

Here is what Mr. Musk wrote: “He is a lonely man who has lived all his life in Thailand. Then he settled in Chiang Rai and married a 12-year-old girl. Learn about him more and stop protecting rapists. “

Mr. Unsworth’s attorney has already said that the previous statements of the billionaire were exposed and the same thing will be done with the new ones.

Tesla, SpaceX and Boring Company have not commented on this episode and do not make any statements.


The material was prepared with the participation of Anjela Chromova,
a leading analyst of the brokerage company CT Trade

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