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Tesla Stock Falls. There Are Musk Distraction Fears Amid OpenAI Bid. - Barron's

1. Tesla stock fell over 10% amid distraction concerns with Elon Musk. 2. Musk's involvement in multiple companies raises fears of lack of focus on Tesla. 3. Investors recall Musk's earlier acquisition of Twitter leading to significant stock drops. 4. Tesla shares are down 13.2% this year, but up 86% over the past 12 months.

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FAQ

Why Bearish?

Musk's distractions historically led to stock declines, as seen after his Twitter bid.

How important is it?

Distraction from Musk could lead to significant price movements short-term, impacting investor sentiment.

Why Short Term?

Current investor anxiety could cause immediate volatility in Tesla stock prices.

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