Tesla Tumbles After Musk Tweets Stock Too High

Tesla Tumbles After Musk Tweets Stock Too High
Electric car maker Tesla’s CEO Elon Musk. AP/Jack Plunkett
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Shares of Tesla Inc. tumbled 9 percent on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker’s high-flying stock was overly expensive.
“Tesla stock price is too high,” Musk said on Twitter in one of several unusual messages, including ones quoting parts of the U.S. national anthem and that he would sell almost all his physical possessions.