Musk, Elon – Page 32

Why Musk’s Twitter Bid Has Shaken Tesla Investors

The chief executive’s debt load, his divided attention and Twitter’s own challenges could all take a toll on his electric-car company.

To a degree unseen in any other mogul, the world’s richest man acts on impulse and the belief that he is absolutely right.

He raised $8.5 billion in a series of sales this week and said he didn’t have plans to sell any more.

His products are good for customers and good for the world.

Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.

Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.

Mr. Musk has been building a stake in the social media company and last week made an unsolicited offer to acquire it outright.

The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.

Delays in producing the pickup have allowed rivals like Ford to beat Tesla to market with electric pickups.

The company is plugging $30 million into a start-up co-founded by one of Silicon Valley’s favorite scientists.