Tesla stocks fell after Elon Musk offered to buy Twitter
Tesla CEO Elon Musk offered to buy Twitter on Thursday.
Shares of the carmaker fell af
er the offer.
Increased production at Tesla's new plants could leave investors worried about Musk.
In addition to this problem, there are other possible concerns.
Twitter's stock rose earlier in the day after the offer, but then fell.
Twitter stock fell 0.3% to .7 45.72, but Elon Musk offered 54.20.
Twitter stock fell below Elon Musk's offer.
This number indicates that marijuana indicates a fondness for memes.
After all, Tesla's stock was down more than 3%.
Earlier in the day, the Twitter stock move boosted market value by about $ 1 billion.
But then the value went down. For Tesla, the move is about 25 times more expensive.
The move would cost about 37 37 billion. The price is very low after the joint companies bid.
Investors believe the board will reject Musk's bid on Twitter.
Elon Musk says he has done his best to lead Twitter.
Twitter investors are happy with the smile.
Twitter stock has risen 16% since Musk revealed his stake in the social media platform.
Tesla stocks are generally more volatile than the market, which is why these stocks are lower.
But Tesla investors are worried about what Twitter means to Musk.