Tesla's stock fell nearly 4% Thursday after Musk disclosed that he had made a more than $41 billion bid to buy Twitter. Shares of Tesla did rise a bit Monday but they are still down 6% so far in 2022.
To that end, Tesla is expected to report an earnings-per-share increase of nearly 145% from a year ago when it releases first quarter results on Wednesday. Analysts are forecasting a more than 70% jump in sales thanks to strong global demand for the company's Model S, X, 3 and Y vehicles.Still, all of the major US auto companies are gunning for Tesla, as are leading European and Asian car companies.
There's also the growing threat from newer EV rivals like Rivian and Lucid in the United States as well as Nio, Xpeng and Li Auto in China. "As Musk has displayed his thirst to change Twitter mainly with regard to content moderation, some large brands may become hesitant to place ads next to what they consider may be more questionable content," said Morningstar's Ali Mogharabi in a report.
Unlike SpaceX, which has long-time president and COO Gwynne Shotwell to manage the day to day business, Tesla has long lacked a clear-cut No. 2 exec.
Taking sides now, CTV? There is nothing material in this article that explains the worry for the stock to drop which is implied the by using the word 'worry'. Maybe the SEC should look into this article!
Wrong Tesla investors need to worry about elitist corporations
elonmusk is allowed to have hobbies. And protecting free speech from woke twitter is his hobby at the moment.
Investors always worry about everything.
Because mainstream media is absolutely terrified for his purchase, and when they say you should be scared you better listen or they will call your a racist.
Lol
Nothing to worry about. When Steve Jobs passed away, the same people said Apple would go down. Did it? Stop the fear mongering.
Conservatives are saying that Twitter should ditch their board for not taking Elons lowball offer. They say it runs counter to their fiduciary duty to shareholders. Telsas board? They're asleep at the wheel. (Elon self-drives them everywhere)
Media company whose entire business foundation is dependant on the ability to ask tough questions & have different opinions is actively abusing our liberty and calling for censorship. What more proof does one need to know that media companies are lapdogs of big corporations?
Medias way of trying to drop tesla stock
The left told Musk to start a media platform if he wanted freedom of speech. Elon decided he would rise to the challenge. And, like clockwork here is Legacy Media trying spinning yet another 'doom' narrative without addressing the underlying issue. It's actually hilarious.
Why news networks want people to worry
CTV sucks. Should be called LTV. Liberal Television.
trying to hurt elon any way you can? Watch out CTV, your agenda is showing. Elon has done more for this world then your soulless corperation ever will
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Worrying about yourself before you worry about Elon.
Nothing to worry about !
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