The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Wednesday, August 8, 2018

Elon Musk Has Some Fun With Tesla - Bloomberg

Now I do not mean to be rude, but is it possible that a CEO who is constantly tweeting attacks on journalists and jokes about bankruptcy, who is also busy running two other companies, who built a mini-submarine and jetted off to Thailand to try to rescue those boys in a cave and then tweeted slanders about someone who actually helped rescue them, and who runs around distributing flamethrowers, might be … distractible? A distraction? Both? Plenty of CEOs go around mouthing very serious platitudes about how public markets and quarterly earnings are a distraction from the important business of running their companies, and you kind of have to take them at their word that were it not for the demands of earnings releases they would be laser-focused on operations, but … Musk … like, we can see him tweeting! Twitter is public! The distraction is coming from inside the house! Does he think that “going private” means “getting off Twitter”? You can just get off Twitter! It doesn’t even require any financing! 

via www.bloomberg.com

Matt Levine. He's really good.

https://rightcoast.typepad.com/rightcoast/2018/08/elon-musk-has-some-fun-with-tesla-bloomberg.html

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