Tesla chief Elon Musk called coronavirus a "pandemic" on Twitter five days before the World Health ... [+] Organization officially designated it as one. That’s how much Tesla’s stock price has dropped during this week’s massive sell-offs. Key background: Over the last few months, coronavirus⁠—officially named COVID-19⁠—has spread quickly from Wuhan, China to the rest of the world, with Italy, Iran and South Korea dealing with the most severe outbreaks outside of China. In the U.S., state and local governments have begun limiting large gatherings of people to fight disease transmission. According to the New York Times, more than 135,000 cases have been confirmed worldwide and nearly 5,000 have died as of Friday.

Source: Forbes March 13, 2020 16:30 UTC