Tuesday, May 21, 2024

Musk-a-tears: Tesla Stock Dropping Fast Monday After Massive Recall, Twitter Chaos (UPDATING)

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Elon Musk has his hands full this morning.

Tesla stock price is dropping fast. It’s trading at an all time low– around $169 — and going fast. It’s down 6% from Friday, and around 10 bucks off from Friday as well.

The reasons are many. First of all, Tesla is having a giant recall — 321,000 cars over rear lights not working. That’s the 19th recall of 2022.

You may also “recall” that over the weekend Musk caused more chaos at Twitter. He reinstated accounts from Donald Trump, Kanye West, and several right wing propagandists. Also, after firing 3,700 people including most of those who keep track of right wing and harmful accounts, I can tell you personally that I’ve had to act like a soccer goalie, catching and then blocking or muting a bunch of Tweets from accounts I don’t want to see. They’re pouring in.

keep updating for stock updates…

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
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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