Hello everyone, today Xiaobian has come to share information with you again. April 27 news, the day after Twitter announced the acceptance of Musk's offer, on Tuesday, local time in the United States, Tesla's stock price plummeted by more than 12%, and the market value evaporated by about $126 billion (about 819.4 billion yuan) in one day.
Tesla has evaporated $250 billion since Musk announced his increase in Twitter on April 4. Musk's 17 percent stake in Tesla also shrank by about $42 billion, twice the $21 billion in cash he promised to buy Twitter.
Some analysts pointed out that the market is not optimistic about Musk's acquisition of Twitter. Because Musk may need to significantly sell his personal stake in Tesla to raise acquisition funds, and after the acquisition is completed, Musk will need to share the energy of managing Twitter, which may affect Tesla's daily operations.
In addition, it is worth noting that as of the close of the market on April 26, local time, the three major U.S. stock indexes collectively closed down. The Dow fell 809.28 points, or 2.38 percent; the S&P 500, or 2.81 percent, fell 120.92 points; and the Nasdaq fell 514.110 points, or 3.95 percent.
The US stock market fell sharply, and technology stocks became the hardest hit area. Tesla closed down 12.18% at $876.42 per share, with a latest market capitalization of $905.789 billion, an evaporation of about 824.5 billion yuan from the previous trading day's market value of $125.734 billion.
Well, that's all for this issue, see you in the next issue.