**Tesla’s Stock Price Drops on Musk-Twitter Deal Collapse**
Tesla’s stock price plunged by more than 12% in pre-market trading on Tuesday, the day after Elon Musk abandoned his $44 billion deal to buy Twitter.
The drop in Tesla’s stock price comes despite a strong earnings report earlier this week, which showed that the electric car maker had achieved record revenue and profits in the second quarter.
Analysts say the decline in Tesla’s stock price is likely due to concerns that Musk, who is also the CEO of Tesla, will be distracted by the Twitter deal, which he has described as a .
