Exploring the relationship between Musk's tweets and Tesla's stock
By Aaron Julien Sam
Elon Musk is a South-African born American business magnate. He was one of the founders of PayPal and is involved with SpaceX, Tesla, SolarCity, OpenAI, Neuralink, and The Boring Company. I admire for him for his business savviness and forward-thinking ideas. He has a prominent following on social media with 33.3 million followers on Twitter. His antics on Twitter are both to his benefit and detriment: an infamous ‘420’-related tweet got him and Tesla in trouble with the SEC. Given the aforementioned, I examined the relationship between Elon’s tweets on Tesla’s stock.
Hypothesis: The sentiment(polarity) of Elon Musk’s tweets is correlated with Tesla’s stock price.