Tesla shares plummet, after Elon Musk acquires Twitter

BONSERNEWS.com- After Elon Musk officially acquired Twitter last October, Tesla’s company shares continued to fall, causing concern for shareholders, reported by Business Insider.

The decline in the value of Tesla’s shares is allegedly the impact of Elon Musk’s actions after acquiring Twitter.

One of the third largest Tesla shareholders, KoGuan Leo said that Tesla deserves an active and totally working CEO.

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“Elon abandoned Tesla and this company has no active CEO. Tesla should and deserves a fully working CEO. What should Tesla’s Board of Directors do, nothing? Elon will find his own successor under the independent oversight of the Board of Directors,” Leo tweeted. KoGuan on his Twitter account.

Ross Gerber, as Tesla shareholder and CEO of Gerber Kawasaki Wealth and Investment Management, is also worried that Elon Musk’s performance on Twitter could damage the Tesla company. Iai said “it is in the best interests of Tesla’s shareholders that Elon should return to full-time employment at Tesla.”

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Meanwhile, Elon Musk conducted a poll for his resignation as CEO of Twitter on Monday (19/12).

Through uploading his personal account, Elon Musk proposed a poll by asking, “Should he step down as leader of Twitter? I will obey whatever the result.”.

His upload was also heavily commented on by Twitter residents, resulting in 54 percent agreeing to Elon Musk’s resignation while another 46 percent disagreed. ()

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