Elon Musk Steps Down As Twitter CEO & TSLA Raises Prices In U.S.

Elon Musk is to step down at Twitter CEO. Renita Young discusses this as Musk announced on Twitter he's hired a new CEO that will start in 6 weeks. Musk is to transition to the role as executive chair and CTO when new CTO begins. NBCUniversal's Executive, Lina Yaccarino resigns, and she is expected to be next Twitter CEO. Tesla (TSLA) is also raising prices on vehicles in the U.S. for a second time this month and recalling 1.1M vehicles in China due to braking and acceleration issue. Tune in to find out more about the stock market today.

Morning Trade Live

12 May 2023

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