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Forbes
162 days

Elon Musk Says He's Running His Companies ‘With Great Difficulty' As Tesla Shares Plummet

1. Elon Musk struggles with multiple roles, impacting Tesla's performance. 2. Tesla shares fell over 15%, reaching a five-month low. 3. Musk tweeted Tesla will be fine long-term despite recent struggles. 4. Concerns about Musk's focus raised by NYC comptroller regarding Tesla's leadership. 5. Musk's net worth dropped by $22.8 billion amidst these issues.

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FAQ

Why Bearish?

The drop in stock price, combined with Musk's divided focus, suggests negative investor sentiment.

How important is it?

The article highlights leadership instability and stock drops, directly impacting Tesla investors.

Why Short Term?

Immediate concerns over leadership and stock performance could persist in the short term.

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