TSLA Stock Will Be the Winner of Musk’s Twitter Deal Termination

InvestorPlace2022-07-12

Elon Musk has confirmed he no longer plans to buy Twitter.For Tesla investors, this is excellent news.Musk will be able to fully focus on the electric vehicle (EV) leader.Elon Musk’s negotiations to ...

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Comments

Jamesmmk
2022-07-12
Jamesmmk
That's indeed good news. Not buying the social media platform doesn't come cheap either. There's termination penalty involved.
JLKang
2022-07-12
JLKang
Good news
chinks29
2022-07-12
chinks29
Ok
Zacccc
2022-07-12
Zacccc
K
LimLS
2022-07-12
LimLS
Author is trying hard to justify and paint a positive picture. Firstly, this matter is not over yet. It's far from being over and Elon attention will now be on how to win or minimise losses in the upcoming court case. Elon attention will be on Tesla growth now? I don't think so. Secondly, the case is stacked against Elon and it will be conducted at Delaware Court of Chancery. For those interested, they can Google about this court and details of Elon/Twitter case. Then we will truly know what is the chance for Elon to get away. Google and truly understand the details. Don't get mislead and make a wrong decision. I may be wrong too so interested parties please do your due diligence.
hphoa
2022-07-12
hphoa
Good

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On July 8, the Tesla CEO confirmed that he planned on terminating his agreement with the social media giant. While Twitter has made it clear that it intends to challenge Musk’s attempts to void the deal, it seems that the acquisition will not be going through. TSLA stock is down today, but this development should help boost shares in the long term.What’s Happening With TSLA StockBoth TWTR and TSLA stock have been falling all day. TSLA is down 6.55% for the day, though its current pattern hints at a rebound. TWTR’s performance has been worse. The stock is down more than 11% on Monday.It is not unexpected that TWTR is down following this news. Musk has called considerable attention to the platform’s bot count through his negotiations. But while Twitter’s future remains uncertain, the deal’s termination is likely to boost TSLA stock. Let’s take a closer look at the reasons why.Why It MattersIt’s no secret that Tesla shareholders weren’t happy when Musk announced his plans to acquire Twitter. There were multiple reasons why TSLA stock didn’t react well to the news. The X Holding Company that Musk planned on launching sounded like exactly the type of conglomerate that Wall Street doesn’t like. But more importantly, Musk taking over a different company in a different sector stood to compromise his leadership of Tesla. Experts agreed that if he were to acquire Twitter, it would sink TSLA stock.Now that Musk appears to have abandoned his mission of taking over the social media platform, he can refocus his efforts on Tesla. At a time when supply-chain and labor constraints are forcing Tesla to pause production across multiple factories, the electric vehicle (EV) leader can’t afford any more setbacks. Musk turning his attention back to it could be exactly what the company needs to start growing again. Even the recent sales bump from China still has some experts worried. Tesla’s recent Q2 deliveries didn’t thrill many investors, but as analyst Dan Ives of Wedbush notes, much of Wall Street is focused on the coming quarter.What It MeansThere has never been a more opportune time for Musk to remind Tesla shareholders that he is focused on growth. And assuming he is successfully able to terminate the deal, there will be nothing stopping him from helping Tesla pull back onto the road and start roaring again. TSLA stock could easily be the biggest winner of the deal falling through. There’s no reason it shouldn’t be.Musk pulling out of the deal will likely generate the type of momentum that TSLA stock needs to start rising again. Additionally, the pending Tesla stock split will also likely be a positive growth catalyst when it receives shareholder approval on Aug. 4. TSLA’s current downturn makes for an ideal buying opportunity before these trends push it back up.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9078919044,"gmtCreate":1657613874788,"gmtModify":1676536034489,"author":{"id":"4097645727190240","authorId":"4097645727190240","name":"Jamesmmk","avatar":"https://static.tigerbbs.com/27cc8b6aa5e4eda89c06d1c8a3cc511f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4097645727190240","idStr":"4097645727190240"},"htmlText":"That's indeed good&nbsp;news.&nbsp;Not buying the&nbsp;social media platform doesn't come cheap either. There's termination penalty involved.&nbsp;","listText":"That's indeed good&nbsp;news.&nbsp;Not buying the&nbsp;social media platform doesn't come cheap either. There's termination penalty involved.&nbsp;","text":"That's indeed good news. Not buying the social media platform doesn't come cheap either. There's termination penalty involved.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078919044","repostId":1114242279,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078059177,"gmtCreate":1657600403999,"gmtModify":1676536033114,"author":{"id":"4094622337222610","authorId":"4094622337222610","name":"JLKang","avatar":"https://static.tigerbbs.com/33ab643c577c9cadc6055155d6382c3a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4094622337222610","idStr":"4094622337222610"},"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078059177","repostId":1114242279,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078069904,"gmtCreate":1657596808408,"gmtModify":1676536032549,"author":{"id":"4095681829599530","authorId":"4095681829599530","name":"chinks29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4095681829599530","idStr":"4095681829599530"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078069904","repostId":1114242279,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078086147,"gmtCreate":1657595939789,"gmtModify":1676536032416,"author":{"id":"3580985948385873","authorId":"3580985948385873","name":"Zacccc","avatar":"https://static.tigerbbs.com/999cc169af5695ac698ea1af4c2595dd","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3580985948385873","idStr":"3580985948385873"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078086147","repostId":1114242279,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078018509,"gmtCreate":1657594646101,"gmtModify":1676536032103,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3572923586954779","idStr":"3572923586954779"},"htmlText":"Author is trying hard to justify and paint a positive picture. Firstly, this matter is not over yet. It's far from being over and Elon attention will now be on how to win or minimise losses in the upcoming court case. Elon attention will be on Tesla growth now? I don't think so. Secondly, the case is stacked against Elon and it will be conducted at Delaware Court of Chancery. For those interested, they can Google about this court and details of Elon/Twitter case. Then we will truly know what is the chance for Elon to get away. Google and truly understand the details. Don't get mislead and make a wrong decision. I may be wrong too so interested parties please do your due diligence.","listText":"Author is trying hard to justify and paint a positive picture. Firstly, this matter is not over yet. It's far from being over and Elon attention will now be on how to win or minimise losses in the upcoming court case. Elon attention will be on Tesla growth now? I don't think so. Secondly, the case is stacked against Elon and it will be conducted at Delaware Court of Chancery. For those interested, they can Google about this court and details of Elon/Twitter case. Then we will truly know what is the chance for Elon to get away. Google and truly understand the details. Don't get mislead and make a wrong decision. I may be wrong too so interested parties please do your due diligence.","text":"Author is trying hard to justify and paint a positive picture. Firstly, this matter is not over yet. It's far from being over and Elon attention will now be on how to win or minimise losses in the upcoming court case. Elon attention will be on Tesla growth now? I don't think so. Secondly, the case is stacked against Elon and it will be conducted at Delaware Court of Chancery. For those interested, they can Google about this court and details of Elon/Twitter case. Then we will truly know what is the chance for Elon to get away. Google and truly understand the details. Don't get mislead and make a wrong decision. I may be wrong too so interested parties please do your due diligence.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":25,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078018509","repostId":1114242279,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9071744081,"gmtCreate":1657589158043,"gmtModify":1676536030869,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3578790486524477","idStr":"3578790486524477"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071744081","repostId":1114242279,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":333,"commentSize":59,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1114242279"}