Tesla Investors Furious at Elon Musk for Vanishing During Crisis to Play With Shiny New Twitter

[Yo_Mama_Been_Loggin]

Tesla stocks are in yet another nosedive this week — and investors are getting increasingly furious at CEO Elon Musk, The Wall Street Journal reports, for failing to actually run the company during a time of crisis.

"There is no Tesla CEO today," tweeted Gary Black, a hedge fund manager who owns around $50 million worth Tesla stock.

Link to tweet

Tesla's stock fell more than six percent on Monday, following a weekend whirlwind of disaster for Musk. Overall, it's lost well over half its value since the beginning of the year.

The billionaire CEO is still investing most of his time at Twitter, in a disastrous acquisition that's been fraught with controversy from the start.

https://www.msn.com/en-us/money/companies/tesla-investors-furious-at-elon-musk-for-vanishing-during-crisis-to-play-with-shiny-new-twitter/ar-AA15eLMf?cvid=c037c63e58c54abb9c0fd037575fa32c

[PortTack]

1. Good! Maybe he'll kill off both

[ProfessorGAC]

2. Was Musk Really A CEO?

Or just a stock dominant figurehead?
There's not a lot of evidence that he knows much about actually running a company. Before, during, or after Tesla.
TFG was a CEO, too. There's no evidence he knew how to run a company either.
I suppose there was a solid management structure there, then flexing his CEO muscles, chased away some high competence.
Perhaps that reinforces he was more monarchy than head of state.

[Yo_Mama_Been_Loggin]

3. Trump was a real estate developer

That's a lot different than running a large company.

I think Musk may have ended up CEO of Tesla because he was the largest investor.

[ProfessorGAC]

5. That Was My Point

He had the title of CEO. Did not provide the function of CEO.

[dalton99a]

4. +1