It’s just not a great time for Elon Musk.
Twitter kicked off 2023 dropping $15.08 to $108.10. It could have been worse: the low for the day was $104.64.
Today’s drop was 12.24%, the average daily drop for Tesla in the last couple of weeks.
The company has shipping and inventory problems, yes. But the ongoing Twitter conflicts don’t help the situation. Meanwhile, Musk remains up beat on Twitter. I’d like his happy pills!