Elon Musk’s series of bizarre tweets wipe $13bn off Tesla’s share price

Why do people keep saying that this guy has the smartz?

About $13bn (£10.3bn) was wiped off Tesla’s shares after chief executive Elon Musk tweeted that the electric car company’s “stock price is too high”.

In a series of other tweets, Mr Musk, 48, also said he was “selling almost all physical possessions” and “will own no house”.