Elon Musk lost more than a billion dollars on the stock exchange on April 4, 2019.

On the morning of 4 April, the shares of Tesla Inc. they showed a rapid decline, falling in price by -11%.

In just a few minutes of trading on the morning of April 4, Elon Musk, the head of the Tesla automaker, lost $ 1.1 billion on the NASDAQ.

TSLA stock, falling to the price of $ 265 on April 4, showed some recovery to the price of $ 274 on April 6, but is still trading low compared to the level of the former day before yesterday ($293).
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On the morning of 4 April, the shares of Tesla Inc. showed Among the new initiatives of Elon Musk, aimed at strengthening the position of his company - the closure of Tesla showrooms, and more active deployment of the sale of cars online. Reducing the cost of car dealerships will slightly reduce the cost of the car, and make it more affordable for many.

Dutch auto Agency RDW recently gave the go-ahead for the sale of Tesla Model 3 electric vehicles throughout the EEC.
According to Elon Musk, the transfer of trade in cars in the online format can be a strong competitive advantage of Tesla. At least until competitors move to the same cost-effective measures.

Thanks to the new approach, the starting price of the Tesla Model 3 electric car has now been reduced to $ 35,000.
It is highly likely that in the coming years similar to tenancy podeshevenie expects many other products and services of different companies because the world is entering a new period of economic crisis.