Elon Musk's move to buy Twitter for $44 billion has raised concerns about the depth of executive talent at his more valuable company, electric carmaker Tesla Inc , in case his attention is further divided by the social media platform.
In announcing the deal on Monday, Musk called Twitter the world's "digital town square" and talked about protecting free speech, but he also rekindled fears that a man who once acknowledged sleeping on the factory floor during the launch of the Model 3 sedan and last year talked of working "crazy hours" only has so much energy to spare.
Tesla has managed to outrace its problems, but a heavier pull of his focus by Twitter worries investors. "I fear this is going to be a distraction," said one fund manager with a significant position in Tesla who asked not to be identified. "He's juggling supply chains and factory delays and the expansion of the energy storage business and this doesn't fit at all."Tesla could not be reached for comment, but one insider at the company who asked not to be identified said investor concerns were "overdone" and Musk was still heavily engaged at the automaker.
Musk also leads rocket company SpaceX, as well as brain-chip startup Neuralink and tunneling venture the Boring Company.Tesla has seen executive turnover before with the departure of co-founder JB Straubel in 2019 and president Jerome Guillen last year. Tesla, founded in 2003, has grown into the most valuable automaker but there are only two executives listed along with Musk in its leadership team on the company website, compared with 17 at General Motors
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Reports of Elon Musk possibly purchasing Twitter prompts another left-wing eruption: 'RIP Twitter'Reports that Twitter is nearing a possible deal to sell itself to Elon Musk have set off a new wave of teeth-gnashing on the left.
Leer más »
UPDATE: Elon Musk Acquires Twitter After Board Accepts Buyout Offer; Wants 'To Make Twitter Better'The Twitter board Monday voted to accept a takeover offer from Tesla CEO Elon Musk in a deal at $46.5 billion.
Leer más »
Twitter Insiders: Elon Musk Is About to Learn That Space Travel Is Easier Than TwitterJeff Bezos has The Washington Post, now Elon Musk will have Twitter. Billionaire vanity projects are good for the ego—but Musk is about to learn that managing a tech platform is about a lot more than shitposting through the culture wars.
Leer más »
Breakingviews - Elon Musk buys Tesla a pounding Chinese headacheElon Musk is buying Twitter in the name of free speech. Beijing will lean on him to un-ban its troll army, then push him to comply with its extra-territorial sedition law. Tesla's key Shanghai outfit risks being a pawn in the fight, says petesweeneypro
Leer más »
Elon Musk confirms he turned down Bill Gates on climate change collaboration over shorting TeslaElon Musk confirmed Friday that he rejected working with Bill Gates on climate Change because the Microsoft founder was shorting Tesla
Leer más »
Elon Musk to buy Twitter for approximately $44B, company announcesTwitter said it will become a privately held company after the sale is closed.
Leer más »