“$TWTR news keeps getting worse. Elon’s top engineers shouldn’t be running $TWTR. Elon’s threats aren’t helping. As advertisers leave, Twitter will need to raise more $,” Black tweeted on Monday.
Tesla’s slump on Monday sent the stock to a low of $196.66, and shares in the afternoon were grappling to reclaim $200, which represents a critical support level for traders. A decisive close below $200 would signal to investors that there could be further downside ahead.
