Tesla investors regain confidence in a quieter Elon Musk as all eyes turn to production

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.

— even as they question the company's ability to hit its production goals for the second quarter.

Musk has been largely laying low on Twitter after reaching an agreement in April with federal securities regulators governing his social media use. On Monday, he claimed he was deleting his Twitter account before changing his profile picture to black and his Twitter handle to "Daddy DotCom," presumably in honor of Father's Day on Sunday.

"I think it takes risk out of the equation, I mean not just from the SEC situation but there's just so much more bad that could happen than good. From an investor perspective, the less that he talks on twitter the better," Ives said in an interview.over a February tweet that contained production forecasts — after Musk agreed not to share potentially market-moving information without the company's approval.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We all know he’s going to make things happen 🙌

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines