Tesla Stocks Jumps Ahead of Earnings Report, Potentially Emboldening Musk Amid Twitter Showdown

Tesla stock’s all-time high of around $1243.00 is still higher than it sits today. Nevertheless, the entire stock market has been in the tank lately. When that happens, almost no stocks are immune to the temporary downturn.

Tesla was up almost 2% at its highs today, however, ahead of the highly anticipated 4/20 earnings report. When Elon Musk initially launched his ongoing Twitter takeover battle, Tesla and many other stocks were dropping.

Some Musk skeptics implied that a falling price in Tesla’s stock may affect Musk’s leverage with the Twitter buyout. Before today, Tesla was trading back below the landmark $1000 mark.

Of course, we can’t predict what it does before the market closes. But at last check it was holding well above that key level.

This could embolden Musk to continue flexing as the potential Twitter takeover battle continues to play out before our eyes almost as if it were a riveting Hollywood screenplay.

See recent Twitter price:

Tesla has revealed an open EEOC investigation recently, but this hasn’t been able to permanently keep the stock down. Some may feel Tesla is under scrutiny due to Musk’s politics.

Any financial analysis by Media Right News is just opinion and should not be used for financial advice.

Read here for more on the upcoming Tesla earnings report. Stay tuned for more updates from Media Right News.