Economics National Elon Musk #1 Again By Issac Shiff Posted on March 1, 2023 1 min read 0 0 351 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr Tesla and SpaceX CEO Elon Musk participates in a "fireside chat" at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. A sudden jump in Tesla stock’s price made Elon Must enjoy the top cadre. His net worth touched 187 billion dollars. Though Tesla stocks are still lower than what they were a year ago but slowly it traveled upward and made the stockholders happier. In the meantime, adapting Milton Friedman’s Stockholders theory, Elon fired another 200 Twitter employees to cut down the losses he is facing since the purchase of the company at a relatively higher bid price than the world had estimated. It was a risky deal but he always liked risky missions. Elon Musk has said that he’s going to make Tesla more affordable, that means that he is going to drop the price further. The more cars he rolls the more profit the shareholders would enjoy. Slashing the manpower in Tesla may not be necessary if the production increases with the same manpower.