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Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Senator Elizabeth Warren is raising concerns about conflicts of interest and potential legal violations for Tesla following Elon Musk’s takeover of Twitter.

In a letter to Tesla(TSLA)Chair Robyn Denholm, the Massachusetts Democrat argued Tesla(TSLA)shareholders may be hurt by its CEO’s ownership of Twitter and questioned whether the electric car maker’s board is doing enough to address the issues it poses.

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Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Tesla did not immediately respond to a request for comment on the letter, whichThe New York Timespreviously reported on.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. SinceMusk disclosedin early April that he had taken a major stake in Twitter, the Tesla’s shares have plunged by about 58%, a selloff that has erased nearly $800 billion of market value. Musk, who recently lost his status as the world’s richest person, has repeatedly unloaded Tesla shares in recent months, includinganother $3.6 billionworth earlier this month.

“Mr. Musk’s acquisition created unavoidable conflicts of interest,” Warren wrote in the letter dated Sunday.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Warren, who has clashed with Musk in the past, specifically called out the fact that that Twitter relies on advertising revenue from General Motors, Ford, Chevrolet and other direct rivals of Tesla.

“As the owner of Twitter, Mr. Musk may decide to run the company to maximize badly-needed revenue, even if that includes great deals for Tesla’s competitors and potential injury to Tesla,” Warren wrote. “Or, perhaps the opposite will occur. As part of his fiduciary duty to Tesla, Mr. Musk may run Twitter to benefit Tesla: for example, he could subtly shift Twitter algorithms so that praise of Tesla products receive greater attention and criticism of Tesla products will be suppressed.”

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Warren highlighted questions about potential violations of securities or other laws caused by Musk reportedly pulling key Tesla software engineers and other employees into Twitter.

“This use of Tesla employees raises obvious questions about whether Mr. Musk is appropriating resources from a publicly traded firm, Tesla, to benefit his own private company, Twitter,” Warren said, noting it would violate Musk’s legal duty of loyalty to Twitter and may run afoul of “anti-tunneling” rules that are designed to prevent insiders from extracting resources form their firms.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Noting Tesla’s board has legal obligations it must fulfill, Warren asked the board to respond to a series of questions about its handling of the situation by January 3.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. Meanwhile, Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market sentiment around Tesla, and risks sparking a backlash from advertisers and consumers, a Wall Street analyst warned on Monday.

Oppenheimer & Co. downgraded its rating on Tesla, where Musk is the CEO, solely because of risks posed by the billionaire’sownership and management of Twitter.

“We believe Mr. Musk is increasingly isolated as the steward of Twitter’s finances with his user management on the platform. We see potential for a negative feedback loop from departure of Twitter advertisers and users,” Oppenheimer analyst Colin Rusch wrote to clients.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. An exodus of advertisers will only further erode Twitter’s finances and force Musk to unload even more Tesla stock to cover the cash hole, the firm wrote.

Oppenheimer specifically cited Twitter’s decision last week toban several journalists, including 【 - Free Stock Market Swing Trading Strategies 】’s Donie O’Sullivan, as a catalyst for the downgrade.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. As【 - Free Stock Market Swing Trading Strategies 】 previously reported, Musk offered several journalists he banned from Twitter the option to return if they deleted the tweets he falsely claimed shared his “exact-real-time location.”

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Rusch, the Oppenheimer analyst, said the “inconsistent standards application” for Twitter users has helped create a “broad public backlash” against Musk that will in turn hurt Tesla.

“We believe banning journalists without consistent defensible standards or clear communication in an environment where many people believe free speech is at risk is too much for a majority of consumers to continue supporting Mr. Musk/TSLA, particularly people ideologically aligned with climate change mitigation,” Rusch wrote.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. Ross Gerber, a shareholder in both Twitter and Tesla, said over the weekend that he hopes Musk finds a CEO for Twitter during the first quarter of 2023.

“I think it is in the best interest for Tesla shareholders for Elon to be back at Tesla working full time,” Gerber said onTwitter.

Best IT Stocks for Investment in India AI Powered Stock Selection Strategy ✌️【Professional Guidance】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Swing Trading Strategies 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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