SignIn
Kerala Kaumudi Online
Thursday, 28 March 2024 4.15 PM IST

Tesla suffers huge loss following allegations of sexual harassment against Elon Musk;

musk

AUCKLAND: Shares of Tesla fell sharply following allegations of sexual misconduct against Elon Musk, the CEO of SpaceX and Tesla. Tesla suffered a huge loss of nearly $10 billion in a single day after the news broke on Thursday. Elon Musk was worth about $212 billion on Thursday. However, his wealth dropped to around $201 billion within hours after the news broke out.

Musk owns a 15 percent stake in Tesla. The shares of Tesla fell 6.4 percent. It was alleged that Musk had misbehaved with a flight attendant in 2016. The flight attendant alleged that Musk had touched her leg without consent and offered to buy her a horse in exchange for a sexual favour. Two years later, in 2018, the lawsuit was settled out of court after SpaceX company, owned by Musk paid the flight attendant $ 250,000.

Meanwhile, Musk has denied the allegations against him. "I have a challenge to this liar who claims their friend saw me 'exposed' - describe just one thing, anything at all (scars, tattoos, …) that isn't known by the public. She won't be able to do so, because it never happened," Musk tweeted.

JOIN THE DISCUSSION
TAGS: ELON MUSK, TESLA, SPACEX, SEXUAL HARASSMENT
KERALA KAUMUDI EPAPER
TRENDING IN WORLD
TRENDING IN WORLD
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.