After Elon Musk’s ‘Pedo’ Tweet, Tesla Shares Fall 4% as Some Investors Worry About His Erratic Behavior [Fortune]
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Source: Fortune
Tesla’s stock lost 4% of its value Monday following a rough weekend for its CEO Elon Musk. Musk, who has taken to Twitter in recent weeks to combat his critics, drew criticism this weekend after calling a diver involved in the rescue of a Thai soccer team a “ pedo .” The diver, Vern Unsworth, had criticized Musk’s effort to create a small submarine to rescue the soccer team members. Thai rescuers succeeded in bringing the soccer team to safety without enlisting Musk’s help. Unsworth dismissed it as a PR stunt, telling Musk he could “stick his submarine where it hurts.” Musk then lashed back in a now deleted tweet that seemed to hint, by virtue of the British diver’s residence in Thailand, that he was a pedophile. Unsworth has said he is considering legal action against Musk, while Tesla investors wasted no time in expressing their concerns about the CEO’s erratic behavior Tesla’s. Tesla slid 2.8% during official market hours Monday, before declining more than 1% in
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