On May $1,2020,$ Elon Musk, the CEO of Tesla, wrote a series of tweets that caused Tesla$$s share price to crash. In one tweet he$,$ for example, said "Tesla stock price too high imo,"

Tesla share price closed at $ $781\mathrm{.}88$ on Thursday before the tweets and it closed at $$701\mathrm{.}32$ on Friday after the tweets. Market return on Friday was $-2\mathrm{.}81\%.$ Assume that Tesla has $185$ million shares outstanding.

Use Tesla$$s abnormal return on Friday to estimate how big the loss in market value resulting from the tweets is$.$ Round your estimate to the nearest billion. Use the market return as your estimate of the $$normal$$ return on Friday

A$.$

$-$$$10\mathrm{.}839$ bn

B$.$

$-$$$11\mathrm{.}549$ bn

C$.$

$$5\mathrm{.}365$ bn

D$.$

$-$$$7\mathrm{.}872$ bn