Tesla and SpaceX CEO Elon Musk announced on Twitter Monday night local time that he would be leaving Twitter, according tomedia reports. As for the reason for his departure, Musk did not explain in his tweet or say when he would be back.
Original title: Tesla CEO Musk tweets he will leave Twitter temporarily
Reaction to Musk’s tweet was mixed, with some hoping he would have a good rest and others saying unequivocally that they were pleased with his decision.
Musk has been active on Twitter all along, with many of the messages from Tesla and SpaceX, which he posted on Twitter and often interacts with fans on Twitter, but he has repeatedly caused controversy over some of his tweets.
In 2018, he was sued by the Securities and Exchange Commission for misleading investors by the Securities and Exchange Commission for posting misleading information on Twitter.
In May, Musk took to Twitter to express some controversial views on the outbreak and some of its responses to the crisis.
In addition, in early May, he tweeted: “Tesla’s stock price is too high. Not only did the tweet cause Tesla’s stock price to plummet, but it could also lead to him violating an agreement he struck with the Securities and Exchange Commission last year that any tweets he issued that might affect Tesla’s stock price would be reviewed before it was released.
Last month, a survey showed that more than half of Tesla employees believe Musk’s tweets are hurting the company.
In recent days, however, SpaceX’s successful launch of a manned Dragon appears to have boosted Musk’s reputation, and the launch appears to have given investors more confidence in his leadership.