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Business Matters: Tesla shares fall after Elon Musk Twitter poll

Tesla shares fall after Elon Musk Twitter poll

09/11/2021 GMT

BBC World Service - Business Matters, Tesla shares fall after Elon Musk Twitter poll

Musk's poll asked whether he should sell 10 per cent of his Tesla stock

Voters in a Twitter poll have urged Elon Musk to sell 10% of his stake in Tesla in order to pay tax.
More than 3.5 million Twitter users voted in the poll, with nearly 58% voting in favour of the share sale.
The vote could see him dispose of nearly $21bn of stock. Long term Tesla investor, Ross Gerber, President of Gerber Kawasaki Investments tells us what the poll is all about, and what investors like him make of it. 
Also on the programme, Delta airlines CEO Ed Bastian warns of the potential for long queues at airports as travel to the US returns to normal. We hear why the Japanese investment giant Softbank is feeling the affects of policy clampdowns in China. 
And as COP26 moves into its second week we hear from businesses trying to make a difference right now. Warren East of Rolls Royce talks about the company's push into small scale nuclear reactors, whilst Gajen Kandiah, the chief executive of Hitatchi Vantara tells us how his company are using AI, to protect rainforests from deforestation. 
The BBC's Jamie Robertson is joined throughout the programme by Alison Schrager, Senior Fellow at the Manhattan Institute in New York City, and by the Wall Street Journal's Tokyo bureau chief Peter Landers. 

(Picture: Elon Musk. Picture credit: Pool/Getty Images)

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