The stock of the company fell after Musk said he would buy the company at the original price. He tried to back out of buying the company but was sued by the social network.
The electric automaker's market valuation was wiped out by a 12 point slide last April but this week's 1.5 percent decrease is not as steep. It wasn't clear if this week's price drop was a result of the mockery from last week's reveal of the humanoid robot or if it was due to the news on the social networking site.
There are a lot of feelings around Musk's pole position as a Predictor.
It is more than a company that makes cars, it is a company that makes things. It is a collection of feelings around Musk and his predictions about the future. When he strays outside his lane, the company's retail shareholders usually forgive him.
Musk is still only one person who will add another company to the long list of public and private ventures he already fronts. A growing sense that Musk may have too many plates spinning at one time contributes to the idea that he may have too many ventures.
Musk is the only public company where investors can register their feelings about him, and so far, Wall Street doesn't seem concerned about his multitasking Musk has been the public face of the company for a long time, with his wealth linked to the company's market valuation.
There is only one publicly traded company where investors can register their feelings.
The company made a profit of over $3 billion in the first three months of the year and is on track to sell 2 million vehicles this year. According to Musk, he wants to sell 20 million electric cars by the year 2030. A full-time CEO is required for any other company that has ambitions like this.
Jessica Caldwell, director of insights at auto research firmEdmunds, said that the question that keeps coming up is how much Musk can take on. Thus far,Tesla has been a huge success. It has an uphill battle ahead of it now that it is going to get real competition from the auto industry.
In the past two years, Musk's company has opened factories in Berlin and Shanghai, as well as a second US-based factory outside of Austin, Texas.
It is unclear how involved Musk will be in the day-to-day operations of the company. The analyst predicted that he would not spend a lot of time at the San Francisco-based social media company.
It is not likely that he invests a lot of his time into the micro-messaging service. He needs to put on a good face, but he doesn't want this asset.
It's possible that some of that may be unrealistic. Musk said that he has a lot of ideas for the social networking site. At this point, there is still a trial to be held. It's possible that Musk will try to slip out of the deal before it closes. If the deal goes through, he will become the new owner of the micro-messaging service.
There is one person who won't be the new CEO ofTwitter, as revealed by Musk's texts.
The funding for the deal was hastily assembled and includes Musk's stock in the company. As part of a package that also includes $13 billion of debt from banks and $21 billion in cash, he has pledged $12.50 billion from a loan secured against his shares in the company.
He sold $8.4 billion of his shares in April and didn't plan on selling any more. He sold even more stock after making it clear he wanted out of the deal. Musk says he wanted to avoid an emergency stock sale, which would have sent the share price tumbling.
What is happening to the stock of the company? Anat Alon-Beck, an assistant law professor at Case Western Reserve University, said there was no way this wouldn't affectTesla. Swings, up and down, are definitely going to be the order of the day. The public will not like him if they are unhappy. There will be an increase if the public is satisfied. It is very unpredictable right now.
There's no way this wouldn't affectTesla.
In the run-up to the court battle, internal communications from the company were subpoenaed by the social network. The $6.25 billion margin loan commitment was taken out in May. After bringing in co-investors on the deal, the CEO decided to reduce the margin loan to $6.25 billion.
It seemed like the business of making and selling cars was more important than the stock price of the company. The company approved a three way stock split this summer. It depends on whether Musk needs to sell more of his own shares in order to finance the deal.
Questions about China's influence over Musk have already been raised. One of the biggest markets for electric vehicles is China, and the company has a factory in the country. Much of the supply chain that goes through China is controlled by the country. According to The Washington Post, former government officials say that Musk has access to personal user data and that it is a national security issue.
There are obstacles in the European Union for a Musk-ownedTwitter.
New content moderation rules in the European Union could make it difficult for Musk to achieve his goals for the platform. The Digital Services Act was approved by the EU earlier this year and will force tech companies to take more responsibility for their content. It is not clear how Musk would respond to the new obligations to take down illegal or violent content, or how he would deal with the spread of misinformation.
WhenTesla first started out, they did amazing things that were not even possible. It's easy to lose in the Musk drama.
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