Twitter Turned Negative in Morning Trading after Elon Musk Says Its Board Not Aligned With Shareholders
Tiger Newspress2022-04-18
Twitter turned negative in morning trading after Elon Musk says its board not aligned with shareholders.In a tweet over the weekend, the CEO of Tesla (ticker: TSLA) pointed out the Twitter (TWTR) board holds very few shares of the company and "objectively, their economic interests are simply not aligned with shareholders."
Musk's comments were in a response to a tweet listing names of those who serve on Twitter's board, and came after the company took steps to ward off his $43 billion takeover attempt.
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