Tesla stock slumps after Elon Musk shares woes

Tesla CEO Elon Musk presided over the company’s SolarCity merger in 2016. (Tesla via YouTube)

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.

Get the full story on GeekWire.

By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

Leave a Reply

%d bloggers like this: