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After Confessional Interview, Tesla Stock Slides

Down 8% after Elon Musk gets personal with 'Times'
By Newser Editors,  Newser Staff
Posted Aug 17, 2018 1:27 PM CDT
Tesla CEO Elon Musk.   (AP Photo/Kiichiro Sato, File)

(Newser) – Elon Musk got a lot off his chest in a tearful interview with the New York Times, but Tesla investors apparently weren't feeling very sympathetic on Friday. The stock fell 8% in the wake of the interview in which he detailed "the most difficult and painful year" of his career, from both a professional and personal perspective, reports CNNMoney. The stock also is down about 13% for the week, the worst weekly performance in a year, notes MarketWatch. Much of the trouble stems from Musk's startling tweet about possibly taking Tesla private, but this whistleblower hasn't helped. (Read more Elon Musk stories.)

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