The Elon Musk deal has clearly caused chaos at Twitter (TWTR) and resulted in overhang of Tesla’s (TSLA) stock since April, says Dan Ives. He discusses the latest on Elon Musk’s TWTR takeover bid. He talks about how Musk’s bid has weighed on TSLA stock. He also goes over how TSLA plans to reduce salaried workforce by about 10% and to add hourly staff. Finally, he mentions the outlook for big tech stocks following recent sell-offs, highlighting Apple (AAPL). Tune in to find out more.
Trading 360
22 Jun 2022
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