Tesla's stock price has fluctuated wildly this year as a result of Elon Musk's purchase of Twitter, since its worth has primarily associated negatively with each event at the social media business. Investor backing for SpaceX, though, seems unaffected by the controversy.
Musk initially revealed his plans to buy Twitter back in April, just a few weeks after Tesla shares reached its 2022 price peak, which was $381.82 on April 4 according to Yahoo Finance statistics. With the exception of a few brief spikes when it appeared that the Twitter acquisition might not go through or that Musk was stepping down as CEO, the stock has slid steadily since then. It began today at $139.34 per share, a 63.5% decline from this year's peak.
