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Elon Musk describes the panic around the coronavirus

US, WASHINGTON (NEWS OBSERVATORY) — The founding father of SpaceX described the mounting panic as “stupid” as more and more people around the world contract the new coronavirus.

The general agitation over the spread of the coronavirus did not arouse Elon Musk’s compassion: on his Twitter thread, the founder of SpaceX and CEO of Tesla denounced the panic around the Covid-19, calling it “stupid “:

The engineer refrained from detailing his position. For their part, the subscribers of his page reminded Elon Musk that the fear of the coronavirus at the international level had had an impact on Tesla’s financial performance: thus, on March 5, the company’s shares posted a record drop in stock exchange.

The plunge is explained by the fears of investors, analysts at Canaccord Genuity having recommended not to carry out operations with Tesla shares, because the epidemiological situation threatened the normal operation of its factory located in Shanghai .

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Article is written and prepared by our foreign editors from different countries around the world – material edited and published by News Observatory staff in our US newsroom.