Tesla's stock volatility is back under scrutiny after investor Kevin O'Leary warned that 'this company moves with Elon's tweets,' highlighting how remarks by CEO Elon Musk continue to influence the carmaker's valuation in real time, particularly during periods of political and public controversy.
The warning builds on a long-running debate about Musk's unusually candid public persona and its financial consequences. The Tesla and SpaceX chief has repeatedly said he is unconcerned about backlash, telling reports in May 2023, 'I'll say what I want to say and if the consequence is losing money, so be it.'
