Elon Musk Says Target Will Face Shareholder Lawsuits Amid Pro-LGBT Controversy

Elon Musk Says Target Will Face Shareholder Lawsuits Amid Pro-LGBT Controversy
Elon Musk, founder and chief engineer of SpaceX, speaks at the 2020 Satellite Conference and Exhibition in Washington on March 9, 2020. Win McNamee/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

As Target’s stock price has taken a beating amid conservative backlash over the company’s decision to sell LGBT-themed items and clothing, Twitter CEO Elon Musk said Friday that it’s just a matter of time before Target faces lawsuits for “destruction of shareholder value.”

Musk made the remarks in response to a tweet by conservative activist Charlie Kirk, who posted about JPMorgan downgrading Target’s stock after suffering its longest losing streak in decades.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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