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Tesla and SpaceX shares drop after Elon Musk's election bet backfires

· businessinsider.com · popularity 69/100 · 1 similar story today

Read the original at businessinsider.com →

Summary

It's looking like the election might become even more expensive for Elon Musk. Shares in Tesla and SpaceX fell around 5% at market open on Wednesday after the Democrats won a string of midterm victories in Texas, where both companies are based. Both Tesla and SpaceX pared back heavier overnight …

Found in: Technology, Best Tech, @businessinsider, SpaceX, Business Insider. Rating basis: 1 other outlets; outlet tier 4; 5 feeds; listed 5 times; feed position 2.

Same story elsewhere today

  1. Shares of Elon Musk’s Tesla and SpaceX Tumble After Republicans Are Routednytimes.com