Tesla CEO Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the carmaker’s outlook.
“Musk’s mixed message has created a lot of confusion,” said Daniel Ives, an analyst at Wedbush Securities in New York. “We believe Musk tried to send a signal to the employee base, it backfired and now he has walked back his words.” He called the saga “another bizarre soap opera.” The world’s richest person has also caused ructions with his planned $44bn acquisition of Twitter. The deal passed a US antitrust review last week but is yet to close. In May, Musk sowed doubt about his intentions when he tweeted that the deal was “on hold” while he probed how many of its accounts were so-called spam bots.
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Musk's warning could be car industry's 'canary in the coal mine' momentTesla CEO Elon Musk's 'super bad feeling' about the economy could be the auto industry's 'canary in the coal mine' moment, signalling a recession for an industry whose bosses have shown no signs of concern. Or it could be that Musk has pissed off the people who would consider buying his cars, leaving him with decreased sales, and instead of blaming his own big mouth he’s decided to blame “the economy”… he’s not the canary in the coal mine - he’s the asshole in it. With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful AmelieBtc1 Yeah just help it along there elonmusk. Should I be selling my TSLA shares?
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