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@TBI：So, here's my thoughts on the latest news about Elon stepping down as CEO only after finding a replacement... This might be a good decision in the long run. Elon is already the owner of Twitter anyways, and what he says will play a pivotal role in the future direction of Twitter. What Elon could do is provide the "big picture" framework, while his replacement will do the work of executing his vision and connecting with the employees. By entrusting the company to a CEO who understands Elon's demands and working style, he can also better focus on improving the misguided perception that he is "distracted" from his work at the multiple companies under his purview, namely $Tesla Motors(TSLA)$ , SpaceX, Neuralink and The Boring Company. Ever since Elon acquired Twitter, Tesla has been on a downward spiral, cumulating in a capitulation style move to fill a gap left behind from 2020. However, this could not be further from reality. Tesla's technology is getting better and SpaceX is getting government contracts. Tesla is merely suffering from demand constraints driven about by excessive consumer spending and supply chain issues, the latter of which is projected to ease in the coming months. Elon is NOT as distracted as people might perceive him to be. He commits much of his life towards advancing his vision for the world, and heralding a new era in science and technology. Of course, this comes at a cost to his own physical and mental health. Some level of tolerance should be expected when it comes to his antics and actions. Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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