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.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
This entry was posted in GeekWire and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.