A Single Tweet made Samsung Loss of 550Million$(3600crINR)

By | October 28, 2024

A Single Tweet made Samsung Loss of 550Million$(3600crINR) wanna know how it happened. read the whole article. we will let you know.

Social network is way much helpful for us to pass a bit of information. But as a coin has two sides. Social network too have two sides. One is we can use it in positive way and other is we can use it in evil way or negative way. Now here is good example which indicates the loss of Samsung electronics up to 3600crores roughly 580 Million$.

 

If it’s good, it can be proved evil too and has the potential to ruin the whole lot; from trolling to cheating to making a company lose more than £400million; yes, that’s true!!

TESLA Motors CEO and Founder Elon Musk tweeted this.

A Single Tweet made Samsung Loss of 550Million$(3600crINR)

A Single Tweet made Samsung Loss of 550Million$(3600crINR)

Now we got rumors that TESLA had its partnership with Samsung which is manufacturer of displays and batteries. So Samsung had a deal with TESLA that it will manufacture battery for MODEL 3 car.

 

But unfortunately after the ELON MUSK tweet(the above pic) has made Samsung loss almost 3600crores INR. The Samsung SDI dropped by 8% in stocks and result is loss of 3600Crores.

 

In the meantime Panasonic gained 8% profits in stocks and they were in profits of around 550Millions$.Bloomberg has discovered that Samsung may, even now, be working with Musk’s company on energy products and probably another tweet could sort the losses!!

Author: MohitPatel

He is Tech Savvy. He loves writing on some topics. He loves android. Loves coding because coding gives u everything at your fingertips. Loves to be under the spotlight. And yes his middle finger always salutes to negative people around him..