When Tesla CEO Elon Musk chokes up, Tesla’s stock price gets depressed as well.
The link between public perceptions of the tech billionaire’s mental state and the financial state of his publicly traded company was evident today, in the wake of a New York Times interview that quoted Musk as acknowledging he was fraying.
“This past year has been the most difficult and painful year of my career,” Musk told the Times. “It was excruciating.”
Today’s trend line for Tesla’s stock was excruciating as well, with a nearly 9 percent drop to $305.50 a share.