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Home / NewTech / Eles Musk, CEO of Tesla, changes his display name to Twitter in & # 39; Elon Tusk & # 39; – Technology News, Firstpost

Eles Musk, CEO of Tesla, changes his display name to Twitter in & # 39; Elon Tusk & # 39; – Technology News, Firstpost



Eles Musk, Chief Executive Officer of Tesla Inc., changed his Twitter display name to "Elon Tusk" and in another case this week promised news from his electric car maker Tweets between Tuesday night and Tuesday Wednesday mornings.

  Tesla Inc. founder Elon Musk. Image: Reuters

Tesla Inc. founder Elon Musk. image: Reuters

In a series of tweets to its 25 million followers at the time of the US Securities and Exchange Commission's allegations in early May, Musk accused the regulator of not reading Tesla's annual reports and said that Supervision was "broken". 19659007] Overnight, he changed his display name to twitter.com/elonmusk and added an elephant tag.

The company's shares rose nearly 5 percent to $ 312.15 in afternoon trading on Wednesday after Musk had said Tesla would have "News" 2pm California time on Thursday.

The company, heavily indebted for the production of its popular Model 3 limousine, is scheduled to repay a $ 920 million convertible one day later.

Convertible bonds give bondholders the right to exchange their debts for equity after the shares have exceeded a certain price. Tesla shares are currently around $ 48 below the conversion price of $ 359.87.

Tesla had cash and cash equivalents of $ 3.7 billion at the end of December, according to the company's annual statement.

Musk had promised in the past year to make his public statements reviewed by the company's board of directors, as part of a settlement with the US Securities and Exchange Commission, which broke off demands for his resignation as CEO of Tesla.

Tesla did not immediately respond to the request for comment.

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