Until recently, Tesla was considered the ultimate growth stock, rising 50% last year and closing at $1 145 on 4 April. No longer.
Browsing: Elon Musk
Tesla CEO Elon Musk said “Tesla is on my mind 24/7”, trying to soothe investor worries about him being distracted by his Twitter deal.
Elon Musk spent Wednesday on Twitter announcing his political switch from Democrat to Republican and trashing ESG.
In public, Elon Musk’s erratic tweets have sent Twitter’s shares flailing. Behind the scenes, it’s more like business as usual.
The electric-car magnate is developing an eerie resemblance to another automotive visionary: Henry Ford. That’s not meant as a compliment.
Elon Musk said he’ll proceed with his $44-billion takeover of Twitter only if the social media giant can substantiate claims about the proportion of bots on its service.
Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter, saying a viable deal at a lower price wouldn’t be “out of the question”.
SpaceX employees are offering to sell shares via a private placement that would value the firm at $125-billion, sources said.
Elon Musk put his $44-billion deal for Twitter “temporarily on hold” on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.
Tesla CEO Elon Musk will stay at the electric car company as long as he is useful amid investor concerns that buying Twitter would distract him from his job at Tesla.