Elon Musk has a problem. And it’s not Twitter

Elon Musk has a problem. And it’s not Twitter. But Tesla. Shares of Tesla, the world’s most famous electric car company, have lost 40 percent of value since the start of the year. And much of that loss, 30 percent, has been in the past month. In short, since Elon Musk started dealing with Twitter.

The car does not (yet) drive itself

by Riccardo Luna

October 26, 2021

To aggravate the situation, the Tesla stock a few days ago came out of an important club, that of the 500 most important stocks in the stock market that do something concrete on the sustainability front. In jargon, ESG objectives. The paradox is that one of the iconic companies of the ecological transition, the one that opened the electric car market, has been expelled from the circle of virtuous companies and which are therefore attractive to investors. Because? The motivations state that Tesla does not have a strategy for decarbonization (he is in twenty-second place in the ranking of the 100 worst polluters on the planet); and it does not have a code of conduct at work that could, for example, repeat cases of racism or exploitation of workers already registered in a factory in California.

Twitter, Musk and the stakes

by Riccardo Luna

April 15, 2022

Musk replied on Twitter of course, setting the ESG criteria on sustainability “Incarnation of the devil” and saying that the club from which Tesla was excluded it has lost all credibility. We can talk about it. And it is too early to give Musk in crisis: Musk in the past has been in crisis but has always come out great. Meanwhile, it should be noted that the safe where the wealth of the richest man in the world is kept at this moment weighs almost half. The outlook for the next few months is not good. And this will also affect whether or not the Twitter deal is closed.

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