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Will Tesla issue a formal statement on Musk's political activities by November 30, 2024?
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Tesla Surpasses Q3 Estimates Amid Shareholders' Concerns Over Musk's Trump Support
Oct 24, 2024, 06:10 PM
Tesla has delivered an upbeat third quarter, surpassing Wall Street estimates for Q3 earnings. However, the company's CEO, Elon Musk, is facing significant scrutiny from retail shareholders regarding his political activities and support for Donald Trump. During an investors' forum in advance of its earnings calls, numerous inquiries were raised about Musk's incendiary commentary on X and his efforts to support Trump's return to the White House. Shareholders are expressing dominant concerns over Musk's controversial rhetoric, which has overshadowed the company's financial performance.
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