Additionally, Paul Krugman made light of the fact that he wouldn’t trust Musk to look after his pet.
Following news that Tesla Motors had reduced manufacturing in China, the company’s stock fell by 11.4%, prompting Krugman’s remarks.The Nobel Prize winner said that Musk’s reputation as a cool person was responsible for Tesla’s success, however this view is unfounded.Following a protracted court struggle, Musk took control Twitter in October and has since concentrated on managing the social media network. The dip in the share price of Tesla has been attributed in part, according to several experts, to Musk’s claimed preoccupation during this period.
Source : Bitcoin.com Musk sacked numerous Twitter workers after assuming full control of the company. For $44 billion, Musk acquired Twitter.Employees who criticised Elon Musk apparently received email terminations overnight. Numerous layoffs at Tesla are anticipated early in the next year, coupled with a total hiring moratorium. The second half of the year saw a return to recruiting at the electric vehicle manufacturer. It should be recalled that since November 2021, Musk has sold more than $39 billion worth of Tesla shares.Share your thoughts with us in the comments
Paul Krugman, a Nobel Prize laureate, criticises Elon Musk and compares Tesla to bitcoin
By tirupatinews
