Elon Musk did something somewhat rare for him: Delete a Tweet | Tech News

Elon Musk did something somewhat rare for him: Delete a Tweet

Musk, Tesla’s chief executive officer, replied that he thinks there is “a >0% chance Tesla could be the biggest company.”

By:BLOOMBERG
| Updated on: Aug 21 2022, 16:01 IST
It’s unclear if he thought better of sending it or was asked to take the tweet down.
It’s unclear if he thought better of sending it or was asked to take the tweet down. (AP)

Does Tesla Inc. have the potential to be a $1 trillion company? It's a notion that got Elon Musk tweeting early Friday, only for the billionaire to do something fairly rare for him: delete a post.

The exchange started with a tweet by an account that regularly features promotional posts about Tesla and “Full Self-Driving,” a package the company sells along with its driver-assistance system Autopilot. The suite of features often referred to as FSD is controversial because of Tesla's mixed messaging -- the company tells drivers who use it that they need to be fully attentive.

You may be interested in

MobilesTablets Laptops
7% OFF
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
28% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

“FSD is the biggest thing ever,” the user @WholeMarsBlog wrote. “Tesla is going to be bigger than Apple.”

Also read
Looking for a smartphone? To check mobile finder click here.

Musk, Tesla's chief executive officer, replied that he thinks there is “a >0% chance Tesla could be the biggest company.” After another user wrote that they loved “the direction of that arrow,” Musk responded: “Probably within a few months.”

Musk then quickly deleted the latter post. It's unclear if he thought better of sending it or was asked to take the tweet down.

As part of a settlement reached with the U.S. Securities and Exchange Commission in 2018 related to Musk's tweets about taking the company private, Tesla agreed to employ a securities lawyer to review executives' social media posts and make sure they're consistent with disclosure policies and procedures. Tesla also agreed to oversee communications by Musk, specifically, and to pre-approve anything containing information material to the company or shareholders.

Hours before Friday's exchange, the National Labor Relations Board ruled that Tesla repeatedly violated U.S. labor law and needed to make Musk delete a tweet in which he threatened to punish workers if they unionized. He has not yet taken down that post.

With a roughly $600 billion market capitalization, Tesla has a long way to go to pass Apple Inc. as the world's biggest company. The iPhone maker's market value is about $2 trillion.

Tesla shares declined as much as 2.6% as of 11:40 a.m. in New York.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 26 Mar, 22:17 IST
NEXT ARTICLE BEGINS