Tesla CEO Elon Musk has said that he is thinking about Tesla all the time. “Yesterday was Giga Texas, today is Starbase. Tesla is on my mind 24/7,” Musk wrote in a tweet. His statement came amid rising concerns over the fact that he might be distracted owing to the Twitter deal that has taken a number of twists and turns in the past couple of weeks. Also Read - Twitter is reportedly giving Elon Musk access to all of its data: Here’s why
In the same tweet, The Boring Company founder also shared a popular meme showing a woman (Tesla) who is upset by her boyfriend (Elon Musk) checking out another woman (Twitter). “So may seem like below, but not true,” Musk wrote in the post. He also clarified that he was spending less than five percent of his time on the Twitter acquisition deal. Also Read - Twitter is testing shopping reminders for upcoming products
To be clear, I’m spending <5% (but actually) of my time on the Twitter acquisition. It ain’t rocket science! Also Read - India revises rules for social media companies to protect users’ rights: Here are the details
Yesterday was Giga Texas, today is Starbase. Tesla is on my mind 24/7.
So may seem like below, but not true. pic.twitter.com/CXfWiLD2f8
— Elon Musk (@elonmusk) May 19, 2022
It is worth noting that Tesla has opened its new car factory in Texas this year. In addition to this, Musk’s space exploration company, SpaceX, has a launch site known as Starbase in Boca Chica, Texas.
According to a Reuters report, Tesla shares have lost one third of their value since the billionaire disclosed his stake in Twitter in early April and sold $8.5 billion worth of Tesla stocks in a move seen to help finance his $44-billion Twitter deal.
About Twitter deal
The Twitter Musk saga began in March this year when an SEC filing revealed that Musk had purchased a 9.2 percent stake in the micro-blogging platform, making him the company’s largest shareholder. Shortly after, he refused a seat on Twitter’s board. Instead, he offered to buy the social media platform for $54.46 per share, which valued the company for whopping $43 billion. If the deal went through, it would be the biggest acquisition of a social media company in the recent time.
More recently, Musk put the deal ‘temporarily on hold’ after he asked Twitter to prove that less than five percent of accounts on its platform were bots. He also claimed that Twitter was manipulating its users.