The head of Morgan Stanley has been heaping some very heavy praise on Elon Musk -- at the Reuters Next forum in New York on Dec. 1, chief executive James Gorman called the Tesla founder who recently acquired Twitter for $44 billion "an extraordinary executive." "Who would not want to do business with a person who has that kind of capability?" Gorman said as first reported by Bloomberg, referring to Musk's leadership of Tesla and SpaceX. Gorman, who has been leading the investment firm since 2012, encouraged investors not to give up on Twitter after Musk's mass firings and frequent online spats led to an exodus of both high-profile users and advertisers. Read More...
The head of Morgan Stanley has been heaping some very heavy praise on Elon Musk — at the Reuters Next forum in New York on Dec. 1, chief executive James Gorman called the Tesla founder who recently acquired Twitter for $44 billion “an extraordinary executive.” “Who would not want to do business with a person who has that kind of capability?” Gorman said as first reported by Bloomberg, referring to Musk’s leadership of Tesla and SpaceX. Gorman, who has been leading the investment firm since 2012, encouraged investors not to give up on Twitter after Musk’s mass firings and frequent online spats led to an exodus of both high-profile users and advertisers.