Elon Musk has managed to wipe out $14 billion off Tesla's market value after tweeting that its share price was overly expensive.
“Tesla stock price too high, imo,” he wrote on Twitter, adding that he wanted to sell his possessions, including his house.
Shares of Tesla tumbled nine per cent on Friday and even knocked $3 billion off Musk's own stake in the electric carmaker.
Back in 2018, Musk's tweet about Tesla "going private, funding secured" at $420 a share had cost him his role as chairman.
All terminals at Jebel Ali port operating normally: DP World
Dubai's DP World has announced that all terminals at Jebel Ali port are operating normally, adding that it is continuously monitoring developments in close coordination with relevant authorities.
ADX, DFM, Nasdaq Dubai to resume trading
Trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, March 4.
Apple launches new MacBooks with M5 chips, bigger base storage
Apple on Tuesday unveiled updated MacBook Air and MacBook Pro models, featuring its latest M5-series chips and bigger base storage, in a bid to lure buyers in a softening PC market squeezed by rising memory costs.
UAE, Ecuador announce CEPA agreement signing
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and President of Ecuador Daniel Noboa have announced the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations on Sunday.
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