Tesla shareholders are frustrated with Elon Musk as he spends more time focusing on DOGE and Tesla's stock price crashes.
Category
😹
FunTranscript
00:00As Tesla's stock price crashes, are frustrated investors missing Elon Musk?
00:04Tesla's stock plunged 15% on March 10, marking its biggest single-day drop since September 2020.
00:11Investors are getting antsy with concerns that Musk isn't committing as much time to his role as Tesla CEO than he was before.
00:18The same Elon Musk who slept on Tesla factory floors during hard times has found a new bed on the Doge government office floor.
00:25He's admitted that running all of his businesses have been a great difficulty to juggle.
00:29Tesla's stock has crashed in recent months, down 55% from its mid-December high.
00:34Some shareholders think the clear answer is for Musk to promote an employee in a senior position to help keep the company on track with its goals.
00:42And others think Musk should step back from day-to-day operations altogether.
00:46But even then, there's risk.
00:48Analysts believe Musk's presence alone accounts for a significant percentage of the company's value.
00:53Tesla's fate hangs in the balance until Musk makes a decision.
00:57Read more at BusinessInsider.com.