Public company CEOs often complain their stock price is too low. Elon Musk took to Twitter early Friday to say the opposite—that Tesla’s stock price is “too high imo,” a short-hand for “in my opinion.” The tweet sent Tesla’s stock down nearly 10% to $714. He’s probably right. Tesla stock reached $800 this week, only $100 short of its pre-Covid highs. To justify even the post-tweet price, the...
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