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Shares of Tesla Inc. (NASDAQ: TSLA) fell almost 10% on Friday after the allegation of sexual misconduct against CEO Elon Musk came out

Tesla stock falls 10%, loses top spot by market value at ARK

Tesla was trading down by 6.42% at the time of going to press

By Yashasvini Razdan
Published - May 20, 2022, 04:26 PM ET
Last Updated - Feb 28, 2024, 02:55 PM EST

• Tesla was trading down by 6.42% at the time of going to press

Shares of Tesla Inc. (NASDAQ: TSLA) fell almost 10% on Friday after the allegation of sexual misconduct against CEO Elon Musk came out.

The alleged misconduct dates back to 2016, but it is coming out now after a friend of the alleged victim detailed the allegations, which were first reported by Insider.

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