In the wake of Wall Street reeling from amateur investors pouring money into stocks heavily shorted by multiple hedge funds, most notably GameStop, SpaceX founder and Tesla CEO Elon Musk challenged Robinhood CEO Vlad Tenev about restricting trading to GameStop and other so-called meme stocks.
Unexpectedly, Musk pressed Tenev while on audio app Clubhouse. “Spill the beans, man, what happened last week? Why couldn’t people buy the GameStop shares?” Musk asked. “The people demand an answer, and they want to know the details and the truth.”
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