Tesla Loses $126 Billion in Value Over Musk-Twitter Deal Funding Concern

Tesla lost $126 billion (roughly Rs. 9,66,390 crore) in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion (roughly Rs. 1,61,050 crore) equity contribution to his $44 billion (roughly Rs. 3,37,440 crore) buyout of Twitter.

Post a Comment