Elon Tusk Takes the Spotlight: Tesla CEO Revamps Twitter Handle – Business Wires News

Elon Tusk Takes the Spotlight: Tesla CEO Revamps Twitter Handle – Business Wires News

Elon Musk Goes Full‑Comedy with a New Twitter Alias

In the middle of a late‑night Twitter blitz, Elon Musk switched his display name from “Elon Musk” to the hilariously ridiculous “Elon Tusk.” He even added an elephant emoji—because who doesn’t love a meme‑worthy beast?

Why the Name Change?

Just hours after the SEC sent a formal warning, Musk blasted the regulator on his account, calling their oversight “broken” and claiming the agency had “failed to read Tesla’s annual reports.” He didn’t hold back.

Stock Market Reacts

  • Shares jumped almost 5%, closing at $312.15 in Wednesday trading.
  • He teased a big announcement at 2 p.m. California time on Thursday.

Debt Drama

Tesla is in the throes of paying off a $920 million convertible bond due tomorrow. Convertible bonds let holders swap debt for equity if the share price surpasses a set threshold—currently $359.87. The stock is about $48 shy of that level, so nothing is guaranteed yet.

Cash Cushion

According to Tesla’s latest filing, the company sits on about $3.7 billion in cash and cash equivalents as of December 31st.

Added Safeguards

Following a settlement with the SEC last year, Musk agreed to have all his public statements vetted by the board, a move designed to quiet calls for him to resign.

When asked, Tesla did not offer a comment. Guess they’re busy building cars and keeping their Twitter account under wraps.