Tesla CEO Elon Musk has attracted numerous criticisms since he acquired the social media platform Twitter. Previous reports implied that Musk’s Twitter distraction might adversely affect the world’s most valuable automaker.
Teslarati reports that Musk sent an internal email to Twitter employees, reportedly obtained by The New York Times. He apparently alerted them about his availability for Twitter meetings after he finishes “most of my Tesla work.”
The CEO appears to be reconsidering his priorities, but Twitter remains in his line of sight.
The internal email included Musk’s instruction for his employees to ask for his approval for all the details of the product design and engineering modifications.
“We are going to agonize until we achieve as close to the perfect product as possible.”
Elon Musk, Tesla and Twitter CEO
Investors’ worries
CEO Elon Musk reportedly released the internal notes after its investors doubted his ability to manage Tesla and Twitter simultaneously.
Leo KoGuan, Tesla’s third-largest retail investor, has expressed his insights against the CEO and his Twitter occupation.
Ross Gerber of Gerber Kawasaki has also voiced his disappointment about Tesla’s $600 billion loss saying that the situation is “wholly unacceptable.”
Indeed, 2022 was a challenging year for Tesla’s stock as it finished at $123.18 a share at the end of the year. Meanwhile, its CEO broke a record for the highest loss of personal fortune in history, according to Guinness World Records.
Nonetheless, Tesla fans constantly received guarantees from the CEO, saying that Tesla is on a stable foundation.
In fact, CEO Musk announced plans in December to use Twitter to benefit Tesla’s shareholders in the future.
“If you are a ship in the storm, even if you have a great ship, you are still going to be hit. There is latency in the supply chain.”
Elon Musk, Tesla and Twitter CEO
Tesla is undoubtedly a well-established electric vehicle maker in the US and beyond. That said, it would not be surprising if it managed to overcome these adversities as it may just be a market turmoil. Nonetheless, investors’ worries are also valid.