Elon Musk calls Robinhood CEO ‘Vlad the stock impaler’ and grills him over the GameStop saga
“The people demand an answer and they want to know the truth.”
That was Elon Musk, the chief executive officer of electric-car maker Tesla TSLA, lobbing questions at the co-founder and chief executive officer of stock trading app Robinhood, Vladimir Tenev, on Clubhouse, the app for casual-drop-in live audio conversations, late on Sunday.Robinhood has triggered criticism and even lawsuits from some users after it restricted trading in a number of highly volatile stocks that were heavily shorted last week, such as videogames retailer GameStop GME, and cinema-theater chain AMC Entertainment AMC.
Robinhood adjusted its list of restricted stocks from 50 to eight on Sunday, with those two high-profile stocks among them.
Tenev, jokingly dubbed “Vlad the stock impaler” by Musk, launched into a lengthy response at the tail end of the Clubhouse interview.Tesla CEO Elon Musk calls Robinhood CEO ‘Vlad the stock impaler’ and grills him over the GameStop saga – MarketWatch