Electric car manufacturer Tesla’s stock value is below $150, making it the lowest stock value since CEO Elon Musk took over Twitter in October.
Just before 3 p.m. Tuesday, the stock was trading at $140.34, the lowest the price has been since November 2020.
Shares opened up on Monday just below $150 a share, with hopes from investors that Mr. Musk would step down as CEO of Twitter after a public poll on the site had the majority of users calling for him to step down.
Mr. Musk has made no mention of when he will step down.