Tesla CEO Elon Musk Blasts Satya Nadella After Microsoft-CrowdStrike Issue Takes Down Millions Of Computers Globally: 'This Gave A Seizure To The Automotive Supply Chain'
Portfolio Pulse from Rounak Jain
Tesla CEO Elon Musk criticized Microsoft CEO Satya Nadella following a massive IT outage caused by a faulty update from CrowdStrike. The outage affected millions of computers globally, including those in the automotive supply chain. Musk announced that CrowdStrike's software has been removed from Tesla's systems.

July 20, 2024 | 6:18 am
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NEGATIVE IMPACT
CrowdStrike's faulty update caused a global IT outage, leading to criticism from Tesla CEO Elon Musk and impacting millions of computers worldwide.
The global IT outage caused by CrowdStrike's faulty update is likely to have a negative impact on its stock price in the short term due to the scale of the issue and the criticism from high-profile figures like Elon Musk.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 90
NEGATIVE IMPACT
Microsoft faced criticism from Tesla CEO Elon Musk after a CrowdStrike update caused a global IT outage, affecting millions of computers and various industries.
The global IT outage caused by a CrowdStrike update and the subsequent criticism from Elon Musk could negatively impact Microsoft's stock price in the short term due to potential reputational damage.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
NEUTRAL IMPACT
Tesla CEO Elon Musk criticized Microsoft and announced the removal of CrowdStrike's software from Tesla's systems following a global IT outage.
While the removal of CrowdStrike's software from Tesla's systems is significant, the direct impact on Tesla's stock price is likely neutral in the short term. The broader issue affects multiple industries.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80