We can gather a whole book of information from the stories and happenings that the billionaire Elon Musk goes through these last two months. The Twitter deal is repeatedly fluctuating between on and off. He exchanges ‘shots’ with Bill Gates, and writes several controversial letters to address his Tesla employees. And now finally, he is about to close the $44 billion deal with Twitter.
This will be the first address from Tesla’s CEO to his employees in the past year. The first time since the announcement that he is about to jump into business with the social media. The meeting is going to be virtual.
It will be hosted at one of the meeting platforms and it will be open for all Tesla employees to join. Musk will address the current situation of the company. He will present his views on the future of the company and its employees.
But, most importantly, he will be open to answering questions. And the public expects a real bombarding with questions.
Elon Musk To Arrange An Open Meeting With Tesla Employees – First Time After Starting Twitter Deal
Questions for the future of Tesla, for their personal future in the company, and most importantly about Musk’s expectations and requirements from his employees.
Tesla is in chaos since April. The billionaire sells shares of the company, to fund the Twitter deal, and since then the stock market price for the shares of the company are in a steady fall. He ends the remote work for all employees. Furthermore, he threatens to let go of around 10% of Tesla’s staff.
Many of the employees are evidently unhappy with Musk’s position on Twitter. He has not been censoring his thoughts at all. He is critical of the company and what frustrates the employees the most he criticizes the company’s products and policies as well.
As a result, Twitter’s CEO, Parag Agrawal reshapes Twitter’s product organization and is about to take more rigorous cost-reducing measures.
Elon plays mind games with the company since the announcement of his taking over. The deal is still not signed and Musk is for some reason trying to postpone it as much as possible. As he does that, the stock market price falls, and even reaches a record low of $37 per share. Just for a comparison, the stock market price has not been so low since the end of 2020.
In the beginning, critics state that he forces this spam/fake accounts issue just to bring the price down and buy the company for less money. However, the other side doesn’t meet this with the same enthusiasm. Twitter executives request that he holds on to his deal and buy the company at the agreed price.
We will wait for this Thursday morning, the 16th of June, and see what Elon has to say about the current situation of his companies.
