Elon Musk’s social media platform X raised concerns on Tuesday about press freedom in India after the government ordered the platform to block 2,355 accounts earlier this month. Among them were accounts managed by the international news agency Reuters (TRI). Reuters’ main global account, which has over 25 million followers, was blocked in India on Saturday following a legal request from the government but was restored on Sunday after a wave of public backlash.
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Another Reuters-affiliated account, “Reuters World,” was also included in the blocking order. According to X’s global government affairs team, the Indian government demanded immediate action by giving the platform just one hour to comply with the blocking request. No explanation was provided, and the accounts were required to remain blocked until further notice, according to X.
In response, X publicly stated that it was concerned about what it called “ongoing press censorship” in India. The company said that it is reviewing all possible legal options but explained that, due to Indian law, it has limited ability to challenge these executive orders directly. As a result, X encouraged the affected users to take legal action through the courts themselves in order to contest the blocks. Interestingly, this isn’t the first time that X has had trouble with governments, as it previously clashed with Brazil’s Supreme Court.
What Is the Prediction for Tesla Stock?
When it comes to Elon Musk’s companies, most of them are privately held. However, retail investors can invest in his most popular company, Tesla (TSLA). Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 13 Holds, and nine Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $294 per share implies 2.5% downside risk.
