Wednesday was a bad day for Elon Musk. He posted it on Twitter. But his 197-character report cost him billions of dollars more. Tesla’s value fell by $ 12 billion in a single day. In addition, the carmaker has lost its sovereignty among companies that are riding a wave of sustainable business. “ESG is a scam,” Musk said angrily. He added that he was a new Republican.
Musk’s monthly campaign for the acquisition of Twitter, which is reflected in the loud contributions on this social network, Tesla’s shareholders are increasingly concerned. They are mainly nervous about what the richest person in the world would finance the purchase of Twitter.
The game on Twitter doesn’t end there. Musk wants it for a lower price. He claims that 20 percent of his users are fake
Billionaire Elon Musk said he did not rule out a viable agreement to take over Twitter at a lower price. He said that fake users made up at least 20 percent of all accounts on the social network of the same name, the Bloomberg agency wrote.
While Musk spent Wednesday on Twitter announcing his political transition from Democrats to Republicans and defaming the ESG, Tesla, meanwhile, has dropped to its lowest level this year, wasting $ 12.3 billion of its wealth.
Overall, Musk has lost $ 49 billion since launching its offer on Twitter last monthhe writes Bloomberg.
Twitter’s takeover plan is suspended, Musk wants to clarify the share of fake accounts. Network shares fell
The plan to take over the Internet company Twitter for about 44 billion dollars (more than a trillion crowns), which was offered for the company by the head of the American company Tesla Elon Musk, is suspended. Musk stated this on his twitter account today. He first wants details on the share of fake and spam accounts. Shares of Twitter fell about 20 percent in response to his announcement. Musk, who is the richest man in the world, agreed to take over Twitter last month.
Musk still remains the richest man in the world. According to the Dollar Billionaires Index Bloomberg Billionaires Index its assets amount to almost $ 210 billion, down $ 60.4 billion from the end of last year.
„ESG is a scam, “he wrote on Musk on Twitterimmediately after Tesla lost her position in the global ESG S&P 500 index. He also told his fans that “in the coming months, political attacks on him will intensify even more.”
And why has the hitherto rock democrat become a republican? “I perceived them (Democrats) as a kind party. But that has changed, they only divide society and incite hatred in it. I can’t support them anymore and that is why I will promote Republicans, “he wrote on Twitter.
S&P removed Tesla from the ESG index in early May. Tesla lowered its score due to the company’s “insufficient low-carbon strategy” and “code of business conduct”. Poor working conditions and a racist attitude, which have been publicly complained about by some California factory employees, also played a role.
Tesla in trouble. It has stopped production in Shanghai, in the USA it is convening tens of thousands of cars due to breakdowns
Tesla has halted most of its production at its plant in Shanghai due to problems securing parts for its electric vehicles, Reuters reported, citing internal sources from the carmaker. The problem caused by Beijing’s tough action against the spread of the coid is another of a number of recent issues, including today’s announcement of the company convening 130,000 cars due to touch screen malfunctions.
–
