Tesla Stock Had Its Worst Week Since March 2020 During a ‘Very Intense 7 Days' for Elon Musk

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Tesla Stock Had Its Worst Week Since March 2020 During a ‘Very Intense 7 Days' for Elon Musk
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A rough week for Tesla shares was punctuated by a lot of news for the company and its chief, Elon Musk.

Kasparov, who sought to block Putin's rise to power and was jailed and beaten for his activism before fleeing the country, described Musk's plan as a"repetition of Kremlin propaganda."While Musk originally agreed to buy Twitter in April 2022, he spent months after that accusing the company of lying about its user metrics in financial filings, while fighting in court to get out of the deal he proposed.

Twitter had sued Musk to make sure the deal would go ahead as promised, seeing a windfall for its shareholders. Facing a deposition this week, and with a trial start-date looming, Musk sent a letter to Twitter and the court this week saying he would take the company private at $54.20 per share after all.

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