Tesla investors are increasingly skittish that Elon Musk will lose focus as he juggles competing business interests amid his latest offer to Twitter
Elon Musk's offer to buy Twitter sparked concerns among Tesla investors and analysts that the electric carmaker could suffer as the chief executive becomes distracted by his takeover play and the possible sales of Tesla shares to fund the deal.
"Elon is distracted. He's got a lot of things going on. He's involved in a lot of different endeavours," said Gene Munster, managing partner at venture capital firm Loup Ventures, which owns shares in Tesla. Shares of Tesla, the world's most valuable automaker, fell more than 9 percent since he disclosed his more than 9 percent stake in Twitter last Monday. Tesla challenges
"Musk is Tesla, and investors don't want to see Tesla lose that leadership edge," Roth Capital Partners analyst Craig Irwin said.
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