Photo: Elon Musk on Twitter
No, Elon Musk isn’t an alien as some may believe he is. Born in South Africa in 1971 to a model and dietitian mother as well as an engineer and pilot father, the chief exec of Tesla may lead you into believing he’s come from space due to his quirky personality.
One such quirk is his love-hate-and-utterly-weird relationship with Twitter, the platform that Musk uses the most to make his thoughts known. A peculiar tweet on August 7th, 2018 got Elon into trouble for two reasons. Let’s go through them, one by one.
First and foremost, “am considering taking Tesla private at $420” is a reference to 420 Blaze It. And secondly, ending the tweet with “funding secured” forced the Musk Man out as Tesla chairman in addition to a $20 million fine for pretty obvious reasons.
After this high-profile fiasco, Musk agreed to have his tweets reviewed by the automaker’s in-house counsel before publishing. Having set the stage for the main subject, care to guess what Elon tweeted about today? Well, he started by saying “Tesla stock price is too high” and “give people back their freedom.”
The consequence of these two messages and subsequent tweets such as “my girlfriend is mad at me” and “am selling almost all physical possessions” is that Tesla’s capitalization is taking a nosedive.
A simple search on Google for Tesla’s stock price reveals that the day started at $755 then fell to $687 at noon. At the time of reporting, Tesla is hovering at around $710 per share. The question is, why is Elon Musk doing this without consideration to the company he’s leading and the jobs at stake?
Elon’s Twitter mumbo-jumbo has stumbled Tesla stock by more than 10 percent at the time of reporting, reducing the company’s value by almost $9 billion. But wait, that's not the end of it!
Two days ago, the head honcho also tweeted “free America now” even though everyone knows the U.S. is the land of the free and the home of the brave. While there’s no denying that Americans want to get back to normal life instead of staying put, it’s important to remember that Musk has downplayed the scope of the health crisis.
As a refresher, Musk tweeted back in March 2020 that he expects “probably close to zero new cases by the end of April." To date, 1,114,200 cases and 65,000 deaths have been reported in the U.S.
First and foremost, “am considering taking Tesla private at $420” is a reference to 420 Blaze It. And secondly, ending the tweet with “funding secured” forced the Musk Man out as Tesla chairman in addition to a $20 million fine for pretty obvious reasons.
After this high-profile fiasco, Musk agreed to have his tweets reviewed by the automaker’s in-house counsel before publishing. Having set the stage for the main subject, care to guess what Elon tweeted about today? Well, he started by saying “Tesla stock price is too high” and “give people back their freedom.”
The consequence of these two messages and subsequent tweets such as “my girlfriend is mad at me” and “am selling almost all physical possessions” is that Tesla’s capitalization is taking a nosedive.
A simple search on Google for Tesla’s stock price reveals that the day started at $755 then fell to $687 at noon. At the time of reporting, Tesla is hovering at around $710 per share. The question is, why is Elon Musk doing this without consideration to the company he’s leading and the jobs at stake?
Elon’s Twitter mumbo-jumbo has stumbled Tesla stock by more than 10 percent at the time of reporting, reducing the company’s value by almost $9 billion. But wait, that's not the end of it!
Two days ago, the head honcho also tweeted “free America now” even though everyone knows the U.S. is the land of the free and the home of the brave. While there’s no denying that Americans want to get back to normal life instead of staying put, it’s important to remember that Musk has downplayed the scope of the health crisis.
As a refresher, Musk tweeted back in March 2020 that he expects “probably close to zero new cases by the end of April." To date, 1,114,200 cases and 65,000 deaths have been reported in the U.S.
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
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