In a recent article, financial news writer Gianni Di Poce discusses what he believes to be the most important earnings report of the year. While many CEOs avoid discussing social or political issues, Tesla CEO Elon Musk has been outspoken on various topics. This includes engaging with accounts that post about racial IQ gaps and other race-related data. Musk has interacted with an account named @eyeslasho, which frequently posts about IQ test scores by racial group and crime rates by race.
Metro policy researcher Will Stancil pointed out that Musk has had frequent interactions with @eyeslasho, emphasizing that Musk’s engagement with the account is noteworthy considering his status as the richest man on earth. Stancil suggests that Musk’s actions of injecting racist ideas into politics should be a news story.
Musk’s replies to @eyeslasho’s posts include statements like “Well said” and have garnered attention due to the amplification of these controversial ideas to Musk’s large audience on X.com. However, scientists who study genetics disagree with claims that genetics are the determining factor in IQ or intelligence. Statistical geneticist Sasha Gusev, from Harvard Med School, argues that IQ scores and intelligence appear to be less influenced by genetics as research improves and more data is considered.
In addition, Musk has faced recent criticism concerning his alleged illegal drug use. Reports suggest that board members, including Larry Ellison, urged Musk to go to Hawaii for a “dry-out” from his drug usage. Other friends recommended attending rehab. Furthermore, there have been concerns about Tesla’s board of directors and Musk’s $55 billion compensation package, which was rejected by a Delaware court last month.
Fund manager Ross Gerber called out Tesla’s board of directors and suggested that some should be replaced with independent members who do not have financial ties to Musk. Other investors, such as hedge funder Tom Hearden, also criticized Tesla’s leadership and the lack of response from the board regarding the CEO’s drug use and conflicts.
As a result, Tesla’s stock has struggled in recent months, declining by over 50% from its all-time highs. This is in contrast to the overall stock market, which has reached new all-time highs. The scrutiny surrounding Tesla’s board and the company’s stock decline has raised concerns among investors.
It is important to note that Benzinga does not provide investment advice.
