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Elon Musk draws concern from Tesla fans as Twitter bid wavers

Electric-car maker’s stock has tumbled around 30% since billionaire disclosed his stake in social-media company

Elon Musk’s Twitter takeover comments haven’t just riled the social media company’s executives and staff. They have also frustrated some of the billionaire’s loyal Tesla backers.

The electric-vehicle maker has lost roughly 30% of its value since 1 April, as the will-he-or-won’t-he drama around Musk’s investment in Twitter — and eventual $44bn deal to take over the social media company — has played out. The tech-heavy Nasdaq Composite fell around 15% in that time.

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