After Confessional Interview, Tesla Stock Slides

Down 8% after Elon Musk gets personal with 'Times'
By Newser Editors,  Newser Staff
Posted Aug 17, 2018 1:27 PM CDT
After Confessional Interview, Tesla Stock Slides
Tesla CEO Elon Musk.   (AP Photo/Kiichiro Sato, File)

Elon Musk got a lot off his chest in a tearful interview with the New York Times, but Tesla investors apparently weren't feeling very sympathetic on Friday. The stock fell 8% in the wake of the interview in which he detailed "the most difficult and painful year" of his career, from both a professional and personal perspective, reports CNNMoney. The stock also is down about 13% for the week, the worst weekly performance in a year, notes MarketWatch. Much of the trouble stems from Musk's startling tweet about possibly taking Tesla private, but this whistleblower hasn't helped. (More Elon Musk stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X