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Fortune

Christiaan Hetzner

Elon’s Twitter disaster could wipe off another quarter off Tesla's stock by year-end

Tesla Inc. Twitter Inc. Elon Musk Adam Jonas United States Morgan Stanley

(Credit: Taylor Hill—Getty Images)

Elon Musk’s on-again, off-again quest to acquire Twitter has already cost Tesla shareholders a fortune this year, but the pain won’t stop there.

His chaotic reign over the social media platform has soured investor demand for Tesla stock so thoroughly that Morgan Stanley fears it could wipe another quarter off its value in the coming weeks.

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