So much for concerns about Wall Street overvaluing Tesla. Investors — and many Tesla analysts for that matter — are willing to give CEO Elon Musk a pass for his occasionally unconventional social media practices now that the company is generating profits.
New York Tesla CEO Elon Musk tweeted on May 1 that he thought Tesla's stock price was 'too high." Shares were trading at about $760 at the time and tanked 10% following the tweet.
Now the stock trades at around $800.So much for concerns about Wall Street overvaluing Tesla . Investors — and many Tesla analysts for that matter — are willing to give Musk a pass for his occasionally unconventional social media practices now that the company is generating profits. These are the stocks Covid-19 is impacting the most In spite of Musk's penchant for controversy, the stock is up more than 90% this year and has shot up 245% over the past 12 months.
'F*** Elon Musk,' lawmaker responds to Tesla CEO's threat 03:02Investors may also be ignoring the possibility that Musk may finally go too far with his eccentric behavior. Picking a fight with California about reopening the Tesla plant in Fremont could come back to haunt the company — as could the fact that he may be putting the health of Tesla workers at risk.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Elon Musk Isn’t Copying Trump — Trump Is Copying MuskElon Musk went to battle against California authorities over whether he was allowed to reopen his Tesla plant — and won. On Pivot, karaswisher and profgalloway discuss the dangerous precedent his approach might set
Weiterlesen »
Tesla factory worker: Elon Musk doesn't have workers' best interests at heart'I don't feel Elon has those Tesla workers' best interest in his heart. That's my opinion.' One of Tesla's employees has spoken out about Elon Musk's desire to reopen its factory in California.
Weiterlesen »
Elon Musk says 'Facebook sucks' amid public spat with Facebook AI lead - Business InsiderElon Musk tweets 'Facebook sucks' at Facebook AI lead who said Musk has 'no idea what he's talking about about when he talks about AI'
Weiterlesen »
Elon Musk Is Selling All 6 of His California Homes: See InsideElon Musk fulfills his promise of selling almost all physical possessions and lists six of his California homes. See the impressive real estate.
Weiterlesen »
Houston mayor invites Elon Musk to bring Tesla HQ to city, points to history in space flightDespite Mayor Turner's letter to Elon Musk, which referenced Houston's place in space travel history, Tesla may choose to relocate to another area of Texas.
Weiterlesen »