JUGGLING ACT: Tesla investors raise concerns as Musk's focus stays on Twitter
NetChoice Vice President and general counsel Carl Szabo reacts to newly-exposed Twitter data showing a push to ban Donald Trump on 'Varney & Co.’recent focus on Twitter, as the electric vehicle company's share prices drop.
Musk finalized his purchase of Twitter and took over the company in late October, and since then his focus – at least publicly – has been exclusively on the platform. The complaints from investors come after several sharp downturns for Tesla stock in recent weeks, threatening to turn 2022 into its worst yearly performance ever,"There is no TSLA CEO today," Gary Black, who manages a fund with $50 million invested into Tesla stock, tweeted on Monday.
"I have utmost respect for Elon Musk as a manager, leader, and visionary. Just wish he’d hire someone to fix Twitter and focus on $TSLA as CEO with all its opportunities and challenges and which could be a $3T market cap company in 5 years," he added. Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on Feb. 10, 2022.
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