- Tesla gained nearly 7% on Tuesday after CEO Elon Musk said on social media platform X that he plans to be “super focused” on his businesses.
- An X outage over the weekend briefly shuttered the social media platform formerly known as Twitter for thousands of users, according to DownDetector.
- Musk’s SpaceX is set to launch its Starship rocket after two failed attempts earlier this year.
Tesla shares gained nearly 7% on Tuesday after CEO Elon Musk over the weekend reiterated his intent to home in on his businesses ahead of the latest SpaceX rocket launch.
The billionaire wrote in a post to his social media platform X that he needs to be “super focused” on X, artificial intelligence company xAI and Tesla as they launch “critical technologies” on the heels of a temporary outage.
“As evidenced by the uptime issues this week, major operational improvements need to be made,” he wrote, adding that he would return to “spending 24/7″ at work. “The failover redundancy should have worked, but did not.”
An outage over the weekend briefly shuttered the social media platform formerly known as Twitter for thousands of users, according to DownDetector. Earlier in the week, the platform suffered a data center outage. X has suffered a series of outages since Musk purchased the platform in 2022.
Source: https://www.cnbc.com/2025/05/27/tesla-shares-musk.html