TW Newsdesk, May 13: Shares of Tesla has increased by 4% on May 13. This happened after its CEO and the world’s richest person, Elon Musk has said that he has temporarily put the $44 billion deal for acquiring Twitter on hold.
Tesla shares have lost about 25% of their value. This happened since Musk has disclosed a stake in Twitter on April 4. However, Twitter stock has increased by 10% after Musk’s announcement on May 13.