Sunday, July 21, 2024

Elon Musk Advises Followers to Vote Republican Congress as Tesla 2022 Stock Value Cut in Half, Dropping Quickly


UPDATE: Musk has now posted to Twitter that everyone should vote for a Republican senate. This from a man whose stock price is now worth half its value. I would do the opposite, thanks.

Back on January 3rd, 2022 Tesla’s stock price was up around $400.00

This morning the price is $198 and dropping as we speak.

Is it a coincidence that Tesla’s owner, Elon Musk, has been in chaos now for well over a week after buying Twitter?

All weekend, Musk has been Tweeting like crazy while firing 3,700 employees. He cemented his purchase of Twitter last week for $44 billion and ever since there’s been no end to disruption. Celebrities have denounced him and left the platform. Musk kicked out comedian Kathy Griffin after she wrote a parody post of his own account. Not an hour goes by when he’s not fighting with someone on the site or mocking them.

Look, you paid $44 billion. You can do what you want. I’m not a Harvard MBA grad, but is this the way to run a company?

Forget the use of hate speech, the restoration of accounts belonging to unpopular people with grotesque views. What about the money that got you here? Isn’t this all about the Tesla now?

It might be a good idea for Musk to stop Tweeting for a few days and concentrate on the popularity of his electric car.

Stick around for updates.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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