Hello everyone, today Xiaobian has come to share the latest information with you. A few days ago, netizens shared a press release on The Tesla acquisition of lithium mining company Lithium Corporation in the United States on the social platform, and then the stock price of Lithium rose sharply.
The fake news was shared by Tesla investors, who operated a Twitter account with 217,000 followers to share News related to Tesla.
Lithium shares then rose sharply, more than tripling to $1.09 near noon in New York. Subsequently, the press release was confirmed to be false, and the company's stock price began to fall again.
Within 30 minutes, though, the tweet was retweeted more than 400 times by Tesla fans and others following Merritt. Subsequently, the tweet was taken down by Merritt.
Lithium CEO Tom Lewis said it was "fake news" and that the news didn't come from his company, and he wasn't sure where the news came from. Afterwards, Lithium also issued a press release, saying that it had not received "any intention from Tesla" and that no employees had jumped ship to Tesla.
Tesla did not respond to requests for comment. As of 1:16 p.m., Lithium shares were up about 25 percent, while Tesla shares were up 3.1 percent to $1,017.19.
Well, that's all for this issue, see you in the next issue.