364
Even Fox News isn’t impressed with Musk dodging question over alleged drug use
(www.independent.co.uk)
this post was submitted on 02 Jun 2025
364 points (99.2% liked)
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I'm not sure his businesses will be glad to welcome him back. Sure, they want him away from the DC spotlights, but the guy is still an addict with a depression.
No, he won’t be welcomed back. But he’ll be back.
His board of directors is glad to have him back. He has singlehandedly tanked his companies' brand image and sales with his irresponsible ego bender, and there has to be serious talk of a shareholder lawsuit in the works, especially after that last disastrous earnings report. The Board probably convinced them to hold off until the next earnings report, hoping things will improve, but it won't. Once a bubble pops, it doesn't reinflate again.
The only thing holding up the stock at this point is that it is a major holding in many institutional funds. As future earnings report remain poor, or even get worse, those institutional funds will start dumping it, and then it will fully crash. At that point, the lawsuit will go forward.
The Board is just hoping that by forcing him to get back to work, and not tolerating his nonsense any more, they may be able to avoid being named in the lawsuit as well.
Tesla will be bankrupt within two years.