– The electric vehicle maker slid 1.5% after CEO Elon Musk reversed course on his Twitter purchase, proposing once again to take over the social media company for $54.20 per share.
He had previously tried to back out of buying the company, but Twitter sued him to go through with the purchase. Twitter shares dipped slightly after rallying on the news Tuesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: