Tesla shares tumble in early trading after another Elon Musk-powered PR blunder
https://techcrunch.com/2018/08/17/tesla-shares-tumble-in-early-trading-after-another-elon-musk-powered-pr-blunder/
Elon Musk, the embattled chief executive of electric automaker and sustainable energy company Tesla, tried to “set the record straight” about his recent behavior in an hour-long exclusive interview with The New York Times. Instead, it only served to further underscore how out-of-touch the billionaire chief executive seems from the ongoing operations at his company. The fallout has already begun, with shares falling in early trading.
His erratic behavior could cost investors billions and potentially destroy a company that has, in fact, revolutionized the automotive industry in America.