Musk sold billions of dollars worth of his Tesla holdings to finance the Twitter takeover and has been embroiled in controversy ever since.
The decline in Tesla stock price has prompted the company's largest retail shareholder Leo Koguan, who is a billionaire and founder of the IT services firm SHI International,to "perform shock therapy to resuscitate stock price," namely by way of a share buyback.
The offensive tweet drew over 1 million "likes" on Twitter, where Musk has over 120 million listed followers, as well as criticism from the White House, and from former CIA director John O. Brennan. White House press secretary Karine Jean-Pierre called Musk's tweets about Fauci "incredibly dangerous" personal attacks.following that: "So many issues with the Tesla brand, when the board can't rein in the CEO.
Tesla is also facing backlash over a years-long delay in delivering self-driving technology through software updates to its customers' cars. Customers areTesla in the U.S. to attain refunds for self-driving systems they paid for and expected to be delivered already.
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