Billionaire Elon Musk shared his plans to dedicate more time to Tesla Inc. following his decision to step down as Twitter Inc. CEO and let Linda Yaccarino take the helm.
"Obviously, bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing," Musk tweeted on Friday. The announcement comes amid media speculations that Musk may also consider relinquishing his role as the chief executive of the electric carmaker.
Tesla today decided to boost the prices of its vehicles in the United States, as well as to deepen its cooperation with Shanghai where its gigafactory is located.