Amidst mounting competition from established automakers like Volkswagen, Ford, and General Motors, some investors harbor concerns regarding Tesla's future. Their apprehension stems from worries that Musk may prioritize Twitter over the production of electric vehicles. Following the acquisition of Twitter by selling Tesla shares for 8.5 billion and 6.9 billion dollars respectively, an additional 3.95 billion dollars worth of Tesla shares were sold to support Twitter's operation. Consequently, Tesla's share price experienced a significant decline. Prior to the purchase of Twitter, Musk rarely sold Tesla shares. Currently, Tesla's market value stands at $622 billion. Purchase of bulk Twitter followers.
After acquiring Twitter, Musk's tweets about Tesla have significantly decreased, while his tweets about Twitter have increased. As a result, Tesla's market value dropped by approximately 16% in the first eight days of November. If Musk fails to secure sufficient funds for investing in Twitter, he may proceed with selling more of Tesla's shares. acquire Twitter followers