Topline
Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes.
Key Facts
Tesla shares fell 12% Tuesday to $876, pushing the stock down more than 28% from its all-time high in November and wiping $25 billion from Musk's fortune and $128 billion from Tesla's market capitalization, wh...
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