Benzinga - by Shanthi Rexaline, Benzinga Editor.
Tesla, Inc. (NASDAQ:TSLA) is currently going through harrowing times, dealing with an inclement economic environment and rising competition. Amid these trying times, CEO Elon Musk on Saturday lamented about “naysayers” who wished that the company go down.
What Happened: A Tesla investor shared his grievance regarding so much hate toward the electric vehicle maker. “The number of people that wish $TSLA (a US company) to go bankrupt and would rather see BYD (a Chinese company) thrive and win is concerning, absurded, and backwards,” the investor said on X, formerly Twiter.
He also noted that China wants Tesla to succeed, referring to the company’s success in China despite strong domestic competition and the country’s recent favorable stance towards the rollout of Tesla’s full self-driving technology.
Reacting to the comment, Musk said, “The Tesla naysayers are loud, but are rare outside of hedge fund short sellers and far left activists. And, of course, our amazing President.”
The Tesla naysayers are loud, but are rare outside of hedge fund short sellers and far left activists.And, of course, our amazing President