Part 4/8:
Elon Musk's public reaction—laughing at the poll and suggesting he is still hunting for a Twitter CEO—has raised questions about his commitment to relinquishing control. Industry insiders interpret this as a sign that Musk may be reconsidering his plans to step down. The market reacts negatively to this ambiguity, viewing it as a sign of potential instability in the leadership structure.
Market Performance and Competitor Movements
Tesla's share price has taken a notable hit since Musk’s Twitter acquisition closed in late October. The stock's decline sharply contrasts with the broader NASDAQ index, which remained relatively stable. This divergence is compounded when looking at other EV competitors.