Advertisements

“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

Leave a comment

Leave a Reply