CEO Elon Musk's preoccupation with Twitter is leaving the electric car company he founded hanging out to dry without a leader, according to Wedbush's Dan Ives.
"Need a leader at this time for Tesla, not Ted Striker," Ives said, referring to a character in the movie"Airplane.""At the same time that Tesla is cutting prices and inventory is starting to build globally in face of a likely global recession, Musk is viewed as 'asleep at the wheel' from a leadership perspective for Tesla at the time investors need a CEO to navigate this Category 5 storm.
But Ives put the responsibility on Musk and attributed 70% of the Tesla's sell-off to worry over his focus on Twitter.
When you have to use tax credits to make profit & can't issue enough discounts to get rid of inventory, then don't be surprised when traders continuously short your stock. 'House of cards.'
Yeah. Totally. Because Musk owning Twitter makes Telsa cars run on puppy blood
He’s still 10 steps ahead of everyone else
Nonsense!
Elon Musk is bad thing says expert chosen to fit our narrative.
woke agenda article. Stand or wait at Starbucks 1 hr type of person
So what? He is human. Does't your team sleep?
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