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klee2024 authored Dec 23, 2022
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Expand Up @@ -12,6 +12,12 @@ Investopedia's article ["6 Big Risks of Investing in Tesla Stock"](https://www.i
persona and behavior contributes to Tesla's risk.
To test this hypothesis, I analyzed the impact of Elon Musk's most controversial Tweets on TSLA stock price and trading volume.
I analzyed his controversial Tweets related to Tesla, trans rights, and his political views. I found that there was a correlation between extreme high and low values with his controversial Tweets about Tesla. Though [sources](https://babel.ua/en/news/85114-tesla-shares-fall-nearly-9-after-musk-tweets-about-peace-treaty-between-ukraine-and-russia) suggest that Musk's other problematic Tweets have affected stock price, a correlation was not observed.

## Future Directions

The scope of this project was limited, as it focused on Musk's Twitter activity before he purchased Twitter. Future directions include researching the more recent effect of Elon Musk’s Tweets on Twitter and Tesla’s stock, specifically after Musk announced he would become CEO of Twitter and taking the company private.


## Author

Kaya Lee @klee2024

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