Elon Musk calms investors that Twitter deal only take 5 perc...| MENAFN.COM

Friday, 01 July 2022 10:21 GMT

Elon Musk calms investors that Twitter deal only take 5 percent of his time


(MENAFN) Billionaire entrepreneur Elon Musk stated that Tesla is on his concentration “24/7" in a proposal to calm stockholder worries that he is being unfocussed by his USD44 billion Twitter purchase transaction, which has pressured on the share value of the world's biggest electric automobile manufacturer that he runs.

the world’s richest person stated on Twitter to his 94.1 million followers that “To be clear, I’m spending 5 per cent (but actually) of my time on the Twitter acquisition. It ain’t rocket science!”

Adding “Yesterday was Giga Texas, today is Starbase. Tesla is on my mind 24/7.”

Tesla launched its new car factory in Texas in 2022, and Mr Musk’s rocket firm SpaceX has a launch location identified as Starbase in Boca Chica, Texas.

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