Just the other day I was defending EM that he has the freedom to express himself. Today I deplore him for making the tweet that impact the stock price and hence financial well being of shareholders, without sufficient explanation. Why is the stock price too high? Or are you just kidding? How should we be interpreting this riddle?
Calling your stock over valued is not unprecedented. Even Mr. Buffet has done so in the past. What is a little unusual is to announce this in the middle of the trading day.
So, do the buyers and sellers actually know what they are doing?<p>The stock market seems to be running on emotions, more than analysis, which, it always seems to be.
He may be in a financial bind. It's not inconceivable that he could be shorting Tesla through third parties. The other nonsensical tweets could be camouflage.<p>Or, yeah, maybe <i>he's</i> just a little too high.