This week, Rice slammed Pretoria-born Elon Musk, whom he was praised numerous times before as a marketing genius.
Elon Musk tweeted the following:
Tesla Goes Bankrupt— Elon Musk (@elonmusk) April 1, 2018
Palo Alto, California, April 1, 2018 -- Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it.
Rice reckons the tweet is of no value.
Many shareholders were up in arms over Musk’s comments, which they see as inappropriate coming from the CEO of a publicly traded company.
Tesla’s finances are in dire straits.
Its shares fell by 5.1% on Monday, adding to a drop of about 25% in the past month.
For more detail; listen to the interview (Refilwe Moloto in for Whitfield) in the audio below.
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