Tesla Investors Fret Over Musk's Twitter CEO Search and Potential Impact on Company

Benzinga
Benzinga
  • last year
Elon Musk announced his search for a new CEO for Twitter, leaving some shareholders concerned about his dedication to Tesla. Tesla's stock experienced a significant decline of 65% in 2022, angering major shareholders. Musk reassured investors that he would not be stepping down as Tesla's CEO. He emphasized that the appointment of Yaccarino as CEO of Twitter would allow him to devote more time to Tesla. Musk is expected to address this issue further at the upcoming Tesla annual shareholder meeting and will likely discuss his work on TruthGPT, an AI platform competing with the popular ChatGPT.

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