Self confessed ‘nano-manager’ already handles almost all major decisions at Tesla and has a strong hand in SpaceX
Tesla Inc. shares slipped as investors absorbed the prospect of a new distraction for Chief Executive Officer Elon Musk. Picture: BLOOMBERG
Tesla fell 3.8% in morning trade in New York. That's in addition to a 5.7% decline by the end of Wednesday since Musk revealed a stake in Twitter last week, more than double the decline in the broader S&P 500 Index over that time. At the same time, Musk has a strong hand in SpaceX, which launched the first space flight with private astronauts last week. The company is a major contractor for NASA and plans the delayed Crew-4 launch to the International Space Station as soon as April 23.
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