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Tesla shares slump as Elon Musk’s private jet no longer tracked on Twitter

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Tesla shares have fallen to their lowest levels in more than two years as investors complain CEO Elon Musk is more interested in Twitter than the electric car company.

 
Tesla shares have fallen to their lowest levels in more than two years as investors complain CEO Elon Musk is more interested in Twitter than the electric car company.

The company is among the worst performers in the automotive and tech sectors this year, as investors fear Musk could offload more shares in the company to prop up the struggling social media platform.

Investors are also concerned Musk’s antics could hurt brand and sales of Tesla, as the electric car company starts to face more competition in the sector.

This all comes on the back of Twitter banning an account that tracked Musk’s private jet.

@ElonJet used flight tracking information to tweet every time Musk plane took off and landed, putting out alerts.

The account operated by Jack Sweeney had accumulated half a million followers.

Musk said in a tweet in November that his commitment to free speech “extends even to not banning the account following my plane, even though that is a direct personal safety risk”.

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Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Invest0r Partner Group.

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Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Investor Partner Group.

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Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

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