Chart Wars: What to Watch on Tesla, Twitter Stocks as Elon Musk Digs In

Chart Wars: What to Watch on Tesla, Twitter Stocks as Elon Musk Digs In
Elon Musk's twitter account is seen on a smartphone in front of the Twitter logo, on April 15, 2022. Dado Ruvic/Illustration/Reuters
|Updated:

Tesla, Inc and Twitter, Inc stocks have responded wildly differently since April 4, when a SEC filing revealed Elon Musk had purchased a 9.1 percent stake in the social media company, which within just three weeks resulted in a pending acquisition.

Since the news of Musk’s stake in Twitter hit, Tesla has plunged about 19 percent whereas the micro-blogging app has soared almost 24 percent higher.