Tesla loses $15 billion after CEO tweeted that shares “are too high”

Tesla Inc. Chief Executive Elon Musk tweeted (Photo: The Growth Op)

There are some of us who can post a tongue in the cheek tweet, and delete afterwards, and there are those among us who will lose $15 billion because of it.

Tesla Inc. Chief Executive Elon Musk tweeted on Friday that his company’s stock prices were “too high”, and the Silicon Valley car maker lost $15 billion as a result.

Tesla ended the day with a market cap around $130 billion.

Musk’s Twitter thread continued with the CEO tweeting parts of the Star Spangled Banner and professing to focus on Mars rather than earthly possessions.

“Don’t need the cash. Devoting myself to Mars and Earth. Possession just weigh you down, he tweeted afterwards.