Shares of Tesla Motors fell more than 8% after the statements of the owner and founder Elon Musk regarding the referendum in Ukraine.
Earlier Monday, Musk proposed holding referendums under UN supervision in territories that Russia had recently joined.
Data from the New York Stock Exchange showed an 8.4% drop in Tesla shares following a tweet by Musk, in which he suggested “as a first step, re-hold UN-supervised referendums in territories recently annexed by Russia.”
Ukraine-Russia World:
– Repeat the elections of the annexed regions under the supervision of the UN. Russia leaves, if the will of the people will.
– Crimea is formally part of Russia, as it has been since 1783 (before Khrushchev’s mistake).
– Water supply of the Crimea is provided.
– Ukraine remains neutral.
— Elon Musk (@elonmusk) October 3, 2022
According to Musk, Crimea will formally be part of Russia with a reliable water supply, and Ukraine can take a neutral position.
Source: TASS