(Bloomberg) — Tesla Inc. is on pace to wipe off over $100 billion from its valuation in a single session Tuesday with the stock down more than 11% on investors’ concern that Elon Musk may sell shares to complete his $44 billion takeover of Twitter Inc.
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The electric-vehicle maker’s market capitalization is already down nearly $250 billion since April 4, when Musk disclosed that he increased his Twitter stake. That’s a drop of roughly 23%. The dollar value of…
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