Tesla Shares Extend Decline to 21% Since Musk’s ‘Funding Secured’ Tweet
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The pain keeps getting worse for Musk believers.
Anyone who bought Tesla Inc. stock after Elon Musk tweeted in August that he might take the company private at $420 per share has watched their quick gains vanish -- and then some. After reaching a high of $387.46 on Aug. 7, the stock today plummeted as low as $275.50.