He’s been on another tear the past week or so. He keeps messing with Twitter - I guess he thinks he can ignore the SEC and the terms of his Tesla settlement with them. He offered $54 and change per share of Twitter and Twitter’s stock is down in the $38 per share range now. Pretty distressing for Twitter shareholders. He is posting up a storm and is insulting people right and left.
The S&P ESG booted Tesla off the other day due to concerns about a few concerns including their handling of death claims related to self-driving cards and NHTSA’s investigation into those. And in early October 2021, Tesla got hit for $137 million (including $130 million in punitive damages) in a lawsuit brought by a contractor involving racial harassment and bad working conditions at the facility in Fremont. The State is also investigating the working conditions and complaints of widespread racial harassment and they are expected to bring more claims as a result of their 3 year inv
Musk’s reaction to all of this is a barrage of increasingly petulant and personal tweets. Wouldn’t be surprised to see shareholders of both Twitter and Tesla suing him.
And today brought word of payment of $250,000 to one of the Space-X corporate flight attendants. Wonder how much more self-inflicted damage he can bring down on himself…