However, Musk recanted this pledge within 3 weeks when he announced in a blog post on 24th of August that Tesla would remain a public company due to the de-listing process being “even more time-consuming and distracting than initially anticipated” and that “most of Tesla’s existing shareholders believe we are better off as a public company”.
For instance, on the 1st of May, Musk commented on Tesla’s stock price via Twitter: Within minutes, Tesla’s share price plunged from $760 to the day's low of $702, losing roughly 7 percent of its value within minutes.
SpaceX Agrees To U.S. Space Force Test Training Missions For Dragon 2 Musk then responded to this tweet: Thereafter, Musk called for the dissolution of Amazon: Tesla CEO Elon Musk Announces Break From Twitter After 7% Market Gain Monday Of course, the Tesla CEO’s latest tweet comes just days after he pledged to go "off twitter for a while".
Tesla (NASDAQ:TSLA) CEO Elon Musk is known for his erratic outbursts on Twitter.
According to the regulator, Elon Musk arbitrarily chose $420 as the price at which Tesla was to go private in order to underscore a weed joke that would impress his girlfriend.