Setback! Twitter Deal on  Elon Musk

Hold, Says Tesla CEO

Elon Musk Tweet Says

"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,"

Shares Of Tesla And Twitter Have

Tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform.

Of The Two

Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728

Twitter Shares Fell 9.5%

For the week, closing Thursday at $45.08. Both stocks have taken a bigger hit than the S&P 500, which is down 4.7% for the week.

Along With Malaise In The Broader

Markets, investors have had to weigh legal troubles for Musk, as well as the possibility that his acquisition of Twitter could be a distraction from running the world's most valuable automaker.

The Wall Street Journal Reported

Wednesday that U.S. securities regulators are investigating Musk's tardy disclosure that he had bought more than 5% of Twitter shares. Musk now owns more than 9% of the San Francisco

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