Elon Musk Warns of "Massive Cyberattack" on X - StockXpo.com

Elon Musk Warns of Massive Cyberattack on X

Tesla CEO Elon Musk has raised concerns over what he describes as a “massive cyberattack” targeting X, formerly known as Twitter. According to Investing.com, Musk confirmed that the platform has faced multiple outages due to an attack far more severe than typical cyber threats.

To imply that the problem is still going on, Musk said, “There was (still is) a massive cyberattack." While specific details remain unclear, the scale of the attack indicates a highly coordinated effort.

As X serves as a key platform for financial, political, and cryptocurrency discussions, users are increasingly worried about potential data breaches. The big question remains: Who is behind this attack?

Is Tesla Stock Expected to Rise?

Analysts currently hold a neutral stance on Tesla (TSLA) stock, with a “Hold” consensus rating based on 13 Buy, 11 Hold, and 11 Sell ratings. Over the past year, TSLA has gained more than 25%, and its average price target of $347.96 suggests a potential upside of 54% from its current levels.

Despite the stock’s recent growth, some analysts are cautious due to the increasing competition in the electric vehicle (EV) market, along with potential risks related to supply chain disruptions and regulatory challenges. However, Tesla’s strong brand, innovative technology, and leadership in the EV sector continue to make it a stock to watch for long-term investors. The company's ability to scale production and its expansion into new markets will likely play a key role in determining its future performance.

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