Investors in Tesla are reportedly concerned about Elon Musk’s unique treatment on Twitter. In line with reports, Musk, who just took over as the top of the social media platform Twitter, has been working tirelessly to revamp the social media networking site. Musk recently declared that he had been repeatedly working and sleeping on the headquarters of Twitter.
Moreover, he also stated that he would proceed to accomplish that until the platform is fixed. Because of this behavior of Musk, some Tesla investors are nervous. They think he’s giving more attention to the social media platform and desires to concentrate to the matters concerning Tesla.
Since he revealed he had purchased a stake in Twitter in early April, shares of Tesla have fallen over 50 percent. Plainly the CEO is under immense pressure; Musk has recently revealed that his workload has dramatically increased after purchasing Twitter.
He remarked via video link to a business conference in Indonesia on Monday, “I actually have an excessive amount of work on my plate,” adding that he was working “from sunrise to nighttime seven days every week.”
Earlier this month, Musk said, “Once Twitter is about on the right course, I feel it’s a far easier thing to administer than SpaceX or Tesla.” Nonetheless, musk fan and Tesla investor Ross Gerber stated Tuesday that the corporate needed to recruit a deputy for its multitasking CEO.