On Friday, news circulated with false headlines and false news that Elon Musk had died.
What happened: Elon Musk and #RIPELON were popular topics in Twitter Inc (NYSE: TWTR) Friday.
People circled fake reports which have been modified to look like Fox News articles and official statements from Tesla Inc (NASDAQ: TSLA), according to Snopes.com.
The reports said Musk died in a lithium battery explosion and Tesla would look for a new CEO.
“Sir. Musk died tragically from a lithium battery explosion earlier this morning,” Tesla’s adulterated press release said.
The fake report said Tesla’s market share could decline and the company was only alerting its top investors. The fake headlines and reports could have been an attempt to bring down Tesla’s stock price.
TSLA Price Action: Tesla shares fell 3.39% to $ 600.38 before closing on Friday.
Related link: 5 things you might not know about Elon Musk
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