In a program on The Street, Susannah Lee reported about latest stir that is caused by Microsoft Corporation (NASDAQ:MSFT)’s CEO. The spark was caused after Nadella said that women working in the technology sector must not ask for pay raises and benefits. He thinks that the system will come back to them to pay for their effort. Lee also reported that Tesla Motors Inc (NASDAQ:TSLA)’s CEO Elon Musk has finally revealed Model D car. The car is all-wheel-drive version of Tesla Motors Inc (NASDAQ:TSLA)’s previous Model S Sedan. The company has said that the new car can make 0-60 MPH in just 3.2 seconds. The autonomous car feature is embedded which will help people to enjoy the drive with completely automatic and smart features. The car almost controls itself.
Tesla Motors Inc (NASDAQ:TSLA)’s share tumbled by 8% on Friday after the release of Model D. This decline has cost Tesla Motors Inc (NASDAQ:TSLA)’s CEO no less than $500 million. Musk has around 28 million shares of the company.
Microsoft Corporation (NASDAQ:MSFT)’s CEO Satya Nadella didn’t know when that his absurd comments will cause so much stir that he would have to apologize publically and unconditionally. Microsoft Corporation (NASDAQ:MSFT)’s CEO comments not only caused a humiliation for himself, his company has also got a bad name because experts are now questioning the status of all the women working in Microsoft Corporation (NASDAQ:MSFT).
Microsoft Corporation (NASDAQ:MSFT)’s CEO has apologized on his comments and said that he was completely wrong about the pay raise issue. There were about 8,000 female software engineers and technology experts at the place where Nadella passed these controversial remarks.
Ken Fisher‘s Fisher Asset Management hold around 17.7 million Microsoft Corporation (NASDAQ:MSFT) shares. Ken Griffin’s Citadel Investment Group hold around 46.5 million Tesla Motors Inc (NASDAQ:TSLA) shares.
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