Tesla (TSLA) Stock Affected By Elon Musk Circus Show To Buy Twitter (TWTR)

Tesla (TSLA) stock price today hit a new low for the year. Tesla (TSLA) sells off this week as uncertainty surrounds the Elon Musk Twitter (TWTR) takeover. Recently, Wedbush's Dan Ives cut the TSLA stock price target to $1,000 from $1,400. "Tesla has supply shortage, inflation, recession, and Covid lockdown concerns weighing heavily on the TSLA stock. There are also new sexual misconduct allegations against Elon Musk as SpaceX allegedly paid off the victim to keep quiet," says Caroline Woods. This week, Tesla (TSLA) stock was removed from the S&P 500 ESG Index.