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by brarsanmol 1271 days ago
I assume he is doing this to save the value of Tesla stock. Its value has dropped by 20% in the past month and by 40% in the past 6 months.

Edit:

Another consideration -- Is this even worth it at this point? Will advertisers return to a platform that has shown rash decision making in terms of content moderation and policy changes?

It takes years to foster that trust and Musk has undone much of that in a matter of a month or so.

2 comments

Yeah, I assume the whole poll about whether he should resign as CEO of twitter was to placate TSLA investors... but then he goes and says he'll run Twitter software & servers when the new CEO takes over. That's not gonna make TSLA investors feel warm & fuzzy.
Listen to this from about minute 35. The price may not go up again. https://openargs.com/oa663-elon-dumps-42-million-more-shares...