Holders of Tesla stock suffered losses after the statement of its founder about a possible withdrawal of the company from the stock exchange. Shareholders believe that Elon Musk has provided the market with false information, triggering price spikes.
About it reports DW.
According to the Agency, a group of shareholders of us-based electric car manufacturer Tesla has filed a lawsuit against the company’s founder Elon musk. The court in San Francisco on Friday, August 10, took a collective claim to consideration.
It is also noted that on 7 August, the founder of Tesla have published several reports about the possible withdrawal of the company from the stock exchange in his microblog on Twitter.
“Statements Mask of providing funding was of great importance and has caused significant movement in the market”, – said one of the shareholders of the company. According to him, the founder of Tesla have provided the market with “false and misleading” information which “playing on the slide sellers were forced to cover their positions by purchasing shares at artificially inflated prices.”
The Commission on securities and stock exchanges of the US checks the message Mask on a possible withdrawal of the company from the stock exchange at a price of $ 420 per share. On the day of publication of the maximum price of one share of Tesla stock exchange new York amounted to $ 387 46 cents. To the Friday closing price of one share fell to 355 dollars 49 cents.