Twitter drops $2.5bn in market value as Musk bust-up heads to court       

Tesla shares are also hit in the wake of the 'disruptive' saga of Musk's attempt to buy the social media platform

Twitter shares tumbled after Elon Musk walked away from his $44bn deal to buy the company, setting the scene for a disruptive legal battle.  The shares dropped 9%, on track to erase about $2.5bn (€2.48bn) in market value, after Mr Musk backed out of an agreement to buy the social-media giant and take it private. 

Shares in Tesla, the electric carmaker that Mr Musk leads, fell by over 6%.