Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his Tesla stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to.
Twitter (ticker: TWTR) closed a $35.76, down 5.5%, amid a broad market selloff catalyzed by weak revenue guidance from Snap (SNAP). The Nasdaq Composite fell 2.3%. Snap stock fell 43.1%. Tesla (TSLA) stock fell 6.9%, closing at $628.16.
The…