On May 26, Tesla shares were trading at roughly $700, down from highs of $1,000 in April.
Mr Musk appears not to have dropped his pursuit of Twitter just yet, as he remains highly active on the platform, where he has discussed his deal.
In a recent post, he outlined how he would choose to “direct” the site under his ownership.
He wrote: “If I were to own Twitter, it would be geared towards the middle 80 percent of the population, so technically the far left and far right would probably be dissatisfied.”
source: express.co.uk