Tesla Stock Hits 2022 Low As Lurid Headlines, Distractions Dog Elon Musk

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The Street

By Martin Baccardax Sexual harassment allegations against Elon Musk, myriad corporate distractions and a seemingly ill-fated pursuit of Twitter has Tesla shares valued more than half a trillion lower than they were in January. Tesla (TSLA) – Get Tesla Inc Report shares slumped to a fresh 2022 low Friday as CEO Elon Musk promised that the clean-energy carmaker’s fortunes were on his mind ’24/7′ as lurid headlines continue to dog the world’s richest man. Musk said he was only spending around 5% of his time on his planned $44 billion takeover of Twitter, and noted that the bulk of his focus was o…

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