Current Events Blog for Mrs. Countryman's AP United States History class at Booker T Washington High School for the Performing and Visual Arts in Dallas, Texas.
Sunday, September 30, 2018
Elon Musk Settled With the S.E.C., but Tesla’s Troubles Aren’t Over-Avery Johnson
Tesla is struggling to make a profit causing people doubting the company and believing stock will fall. Elon Musks behavior is often unpredictable and the S.E.C. wants more responsible people on Tesla's board. Elon has been operating and deciding all decisions with Tesla for the past ten years but, soon he will be forced to have people to monitor his relations to investors in the company. After Elon's post and the decisions of the S.E.C. people believe he was let off too easy. Tesla is now being closely inspected for Elon's behavior and the hopefully profitable Model 3s.
Social media and tweeting can have a great impact of someones personal or company image. Bad behavior can directly effect a company and its profitability. Watching what is being posted to control the public and investors perception is especially important for a company as large scale as tesla.
https://www.nytimes.com/2018/09/30/business/elon-musk-tesla-whats-next.html
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Its interesting how the CEO can just up a quit like that. I wander what will happen to Tesla after this.
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