Elon Musk Tells Investors He'll Pause On Tesla Stock Sales

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The announcement is likely an attempt to comfort the company's shareholders who have watched the stock value drop since Musk's purchase of Twitter.

CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October.

In less than two months, Musk has presided over a dizzying series of changes that have unnerved advertisers and turned off users. He’s laid off half of the workforce, axed contract content moderators and disbanded a council of trust and safety advisors. He has dropped enforcement of COVID-19 misinformation rules and called for criminal charges against Dr. Anthony Fauci, the top U.S. infectious disease expert.

 

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Tesla is Trash!

The damage is done. His primary customer base has been totally alienated at a time when the EV comp is rapidly growing. Tesla will need to fire him if they're to recover at all

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Elon Musk announces plans to sorta, not really resign as Twitter CEOFollowing an overwhelming response to his decidedly nonscientific polling over the weekend, Twitter CEO Elon Musk on Tuesday announced his plans to resign from the top executive position at the company he acquired in a $44 billion deal that closed in October. Wait… you’re running an Elon Musk story?….. but nothing on the Twitter files? Big surprise. Nothing on the suppression of the 1A? Geeze next will be that Epstein killed himself and maxwell is the only one guilty but no mention of the list from the island Elon will run his company just fine. How about bringing the news of Twitter Files to the forefront versus barely a mention? I Think the poll had bots. Elon You Work So Hard. Sorry to see you go.
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