One Tweet From Elon Musk Made $580M Disappear

It is amazing that a single “clarification” tweet from Elon Musk could send a company’s stock down almost ten percent in a single day. Bad news for Samsung SDI but good news for Panasonic.


That single clarifying tweet from Musk sent Samsung SDI’s stock plunging 8 percent this morning, losing roughly $580 million. Panasonic added about $800 million in the same period.

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Source: [H]ardOCP – One Tweet From Elon Musk Made 0M Disappear