Amy Siskind
Investors are throwing in the towel on Elon Musk. He first raised stepping down at Twitter on Sunday. Here we are on Thursday.
Musk is having an emperor has no clothes moment. His understanding of finance is primitive. He is immature and incompetent - but also cruel and awful. He has damaged his and Tesla’s brand immeasurably. He could well lose control of Twitter AND Tesla. #Em #tw
@Jezibaba It’s headed below $100. My target price (for stability) is $75-$85.
To be fair, though, it could dip as low as $50 (think Rivian share price).
Technically, Musk damaged the VALUE, not the brand. It’s the same car. It has always been overvalued. The idea that he created something new is hilarious.
He is just a stupid human being and his tweets indicate that.