Part 3/10:
Many attribute Tesla’s recent stock volatility to macroeconomic pressures, such as rising interest rates and geopolitical uncertainties. Ross, who manages a billion-dollar fund, counters this by blaming Elon Musk directly for wiping out approximately $600 billion in Tesla's market capitalization. He argues that Musk’s involvement in activities outside Tesla—particularly his focus on Twitter—has diverted attention and resources away from Tesla, exacerbating the stock’s decline.
In response, some community members, like a user named Assumingly, dismiss macro factors and insist that Musk's conduct is the primary culprit. They contend that Musk’s distractions—mainly Twitter—are undermining Tesla’s performance and investor confidence.