Madhukumar Warrier, 07 June 2021
Supporters of a new cryptocurrency named “StopElon” on Sunday protested outside Tesla Inc.’s (NASDAQ:TSLA) Fremont factory over CEO Elon Musk’s involvement in the cryptocurrency market, according to a report by NBC Bay Area News.
What Happened: Activists of the “Stopelon” group alleged that Musk has far too much power over the cryptocurrency market. The group also wants Musk to be removed from the social media company Twitter Inc.’s (NYSE:TWTR) platform.
A video of the protests showed that the placards carried by the activists bore slogans such as, “We’re fed up,” “Stop Tweeting!” and “Stop market manipulation.”
