Skip to main content

Market Overview

Elon Musk In Hot Water Over 'Pedo' Tweet

Elon Musk In Hot Water Over 'Pedo' Tweet

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is under fire Monday after having called one of the British divers who helped rescue the Thai soccer team a “pedo guy.”

“Bet ya a signed dollar it’s true,” Musk said in since-deleted tweets after being challenged on the claim.

Musk’s incriminating statements came after the cave expert, Vern Unsworth, dismissed the SpaceX CEO’s mini-submarine, hastily built for the rescue effort, as a “PR stunt.”

Why It’s Important

Unsworth said he was considering taking legal action against Musk, but the fallout could be wider and more significant. The statement has already lost Tesla a fan and potential business.

“We will no longer promote the @tesla branded products until the British Caver receives a full & public apology from @elonmusk regarding his disgusting comments to a real hero,” The Solar Shed Managing Director Kevin Holland said on Twitter. “Furthermore, we ask other British Solar companies to do the same.”

Things could get even worse.

Recently, and particularly in the #MeToo era, company leaders have been forced out for conduct and statements deemed inappropriate or damaging to the company’s image. Just last week, Papa John’s Int’l, Inc. (NASDAQ: PZZA) lost founder John Schnatter as chairman of the board after Schnatter used a racial slur.

Musk has a history of piquing influencers in Tesla’s community, including auto analysts and journalists.

What’s Next

Musk has yet to issue an apology to Unsworth, and Tesla has not made a statement on the incident.

At time of publication, Tesla traded down 3.7 percent at a rate of $307.02.

Related Links:

Steve Wynn Steps Down As Chairman And CEO, Says 'Judgment Takes Precedence Over Everything Else, Including The Facts'

Intel CEO Resigns After Discovery Of Relationship With An Employee

Public domain.


Related Articles (TSLA)

View Comments and Join the Discussion!

Posted-In: Elon MuskNews Movers Media Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at