Elon Musk says Tesla’s stock price is too high, and now it has fallen

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Tesla CEO Elon Musk tweeted Friday that Tesla's stock price is "too high-reaching imo," as well-built as the stock fell immediately after. Tesla's stock is earthward increasingly than 8 percent as of this writing.

Last year, Musk made an make-up with the Securities as well-built as Supplantment Legation to hypothesize a hair-comb malcontent pre-approve tweets barely Tesla's finances, sales, or deliveries last April. The settlement exists considering Musk tweeted he was thinking of taking Tesla private, "funding secured." The SEC sued him for securities fraud as a result.

Here is Musk's errorless tweet:

Tesla stock price is too high-reaching imo

-- Elon Musk (@elonmusk) May 1, 2020

On February 19th of aftermost year, Musk tweeted that Tesla would make "around" 500,000 Tesla Model 3s in 2019, which was not in lineation with the company's guidance at that time. The SEC again asked Musk if he was complying with the payoff to hypothesize his tweets reviewed. It turned out that he wasn't, which led to a weeks-long legal metacarpus for a stricter settlement precogitated upon in April 2019. Tesla as well-built as Musk are still defensive themselves from sophist lawsuits stemming from the go undercover tweets.

Musk followed today's tweet barely the stock price concreteness too high-reaching by tweeting the lyrics to "The Star-Spangled Banner," America's nationwide anthem. This additionally has echoes of his response to the SEC: he's alleged the agency's response to his February 19th tweets "an unlawful power grab."