Friday 10th December 2021
Tweet creates confusion
Is Musk forging new plans for the future?
On Twitter, Tesla boss Musk regularly causes perplexity with his cryptic tweets. In the past, they even led to sharp price fluctuations. His latest trick: Allegedly, the entrepreneur is thinking about changing industries.
Tesla boss Elon Musk is considering saying goodbye to all of his management positions – it is unclear whether he is serious. “Think about quitting my jobs and becoming a full-time influencer – what do you think”.
He wrote nothing more than this one sentence. In January, Musk announced that he wanted to be at the top of Tesla for several more years. Musk is known for making cryptic utterances on Twitter, where he has nearly 66 million followers. His tweets have repeatedly caused sharp fluctuations in Tesla stock in the past.
Musk still holds a large stake in the electric car pioneer he founded and is the boss of. Tesla is currently worth almost $ 900 billion on the stock exchange – more than any other car maker.
In November, Musk asked via Twitter whether he should part with ten percent of his shareholding, which was largely affirmed by the community. The proposal prevailed with around 58 percent of the votes cast. The package was worth around $ 21 billion at the time, but the stock price fell according to the survey.
Musk had started the Twitter vote against the background of a debate about tax avoidance of multi-billionaires. The Tesla boss is considered the richest person in the world with an estimated fortune of around 300 billion dollars. But its wealth is largely based on equity stakes, which are only taxed upon sale.
Musk is also the founder and head of the space company SpaceX. He also runs the infrastructure company The Boring Company and Neuralink, which is developing a computer chip that will enable communication between the human brain and a computer.