Elon Musk Post On X, "We just deleted Crowdstrike from all our systems, so no rollouts at all'
Portfolio Pulse from Benzinga Newsdesk
Elon Musk announced on X that Tesla has removed Crowdstrike from all its systems, halting any future rollouts. This could negatively impact Crowdstrike's stock while having a neutral effect on Tesla.
July 19, 2024 | 4:29 pm
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NEUTRAL IMPACT
Elon Musk's announcement about removing Crowdstrike from Tesla's systems is likely to have a neutral impact on Tesla's stock price in the short term.
While the removal of Crowdstrike may affect Tesla's cybersecurity strategy, it is unlikely to have a significant impact on Tesla's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Elon Musk's announcement that Tesla has removed Crowdstrike from all its systems and halted future rollouts is likely to negatively impact Crowdstrike's stock price in the short term.
Tesla's decision to remove Crowdstrike from its systems could lead to a loss of business and revenue for Crowdstrike, negatively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100