Tesla shares were poised to close at their lowest since late July, falling more than 8% in midday trading Friday following the allegations of sexual misconduct lobbed against Chief Executive Elon Musk.
Tesla Inc. shares were poised to close at their lowest since late July, falling more than 8% in midday trading Friday following the allegations of sexual misconduct lobbed against Chief Executive Elon Musk.
Musk has called the allegations “wild accusations” and “utterly untrue.” Business Insider reported late Thursday that SpaceX paid a flight attendant $250,000 in 2018 to settle sexual-misconduct claims against Musk. When Musk tweeted last Friday that the deal for Twitter was “temporarily on hold,” the stock shot up 5%. He later tweeted that he was still committed to the $44 billion deal.
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