(US) Elon Musk to Step Down from Twitter: Is Tesla Stock Now a Buy?
Elon Musk is handing over Twitter leadership to Linda Yaccarino. It enables Musk to focus on upcoming projects and protect Tesla's brand. Tesla stock has fallen by 50% since Musk got involved with Twitter.
Overall, New Twitter CEO and Musk's role transition could benefit Tesla by focusing on key projects and improving brand perception.
Motley Fool Issues Rare “All In” Buy Alert. Add TESLA INC (TSLA): USD166.54 (+0.11%) or in a fraction USD1.66 (0.01 units) into your portfolio today!
Happy Trading!
Stock price taken at closing on 16 May.
