Certain companies thrive when charismatic leaders take charge. Take for example, Elon Musk. With his tweets in the limelight, it has been a dream year for Twitter!
Twitter CEO Jack Dorsey should be so pleased with Musk’s performance that he should be thinking of handing a special “thank you gift” to his Tesla counterpart – perhaps one of those gold-plated supercars used by Saudi royals.
Or maybe not! We all know that Musk had a complicated past with the Saudis. Following the first date, an elated Elon had announced their engagement through a tweet, adding that “funding was secured.” The naïve CEO failed to notice that the Saudis also had their eyes fixed on a potential rival, Lucid Motors.
Anyways, the relationship fell apart, and Musk was heartbroken. Alas, marijuana heals! And yes, it’s legal.
The CEO, who has more than once lamented over sleepless nights in factories, was last seen smoking pot live on YouTube during an interview with comedian Joe Rogan. Investors weren’t so pleased and sent the stock’s value off like a puff of smoke.
Investors can be such boring boneheads at times! Marijuana is legal in California guys!
Life among laymen is often difficult for visionary geniuses. America’s latest recreation has become finding fault with whatever Musk does. Today they complain of smoking pot on the internet; tomorrow they might have a problem with doing the same on Mars!
In fact, Musk does all he can to please his fans – right from transporting rescue pods around the world to Thailand, to sending a car into the outer space. What more should he possibly do? Achieve the delivery targets?
Perhaps Musk’s most unflinching attribute is his ability to believe in his “Utopian Tesla” dream, despite market pundits serving flak on a daily basis. And he will continue to stay so, even if he is the last man standing in the top management.
Or is he already?
After Novavax (NASDAQ: NVAX) reported its progress on developing the COVID-19 vaccine at the end of February, the shares of the company started trading in double-digits after a long time.
Cannabis was recognized as an essential business in several markets when the shutdown came into effect, including Canada and some US states, at a time when its legalization is getting
Eastman Kodak (NYSE: KODK) reported a loss of $5 million on revenue of $213 million in the second quarter of 2020. The company earned $201 million in the prior-year quarter.