San Francisco Mayor Tells Elon Musk: 'No One Can Be Above The Rules' On 'X' Logo Removal From Twitter Headquarters
Portfolio Pulse from Benzinga Neuro
San Francisco Mayor London Breed has emphasized that city regulations must be followed by all, including tech companies, in response to Elon Musk's unauthorized installation of a new logo for 'X' (formerly Twitter) at its headquarters. Despite the logo's removal, 'X' is still required to pay fees for the unauthorized setup and removal of the structure, as well as for the investigation expenses.
August 04, 2023 | 10:38 am
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Elon Musk's defiance of city regulations could potentially impact investor sentiment towards his other ventures, including Tesla.
Elon Musk's actions and public image can significantly influence investor sentiment towards the companies he leads, including Tesla. His defiance of city regulations could be perceived negatively by some investors, potentially impacting Tesla's stock in the short term.
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