why the app was preventing users from trading so called "meme stocks". That's Elon Musk's question to the CEO of Robinhood
Sunday night on the Clubhouse app Elon Musk conducted an impromptu interview with Robinhood CEO Elon Musk to ask why the trading app was preventing users from trading so-called “meme stocks” like GameSpot.
Tenev said it had to do with the company being forced to deposit $ 3 billion after the shares had flourished.
Tesla CEO Elon Musk unexpectedly interviewed Vlad Tenev, CEO of the Robinhood trading app, about the hot new Clubhouse audio app on Sunday night The GameStop stock market saga took a new turn
Robinhood was the subject of a large uproar last week by prohibiting users from buying shares of GameStop, AMC, BlackBerry and other so-called weekly mem stocks operated by Reddit users.
Musk went to Clubhouse for a wide-ranging interview in which he talked about his plans to colonize Mars; his neural culture, Neuralink; and his love of memes. At the end of the interview Musk took Tenev, describing him as "Vlad the cattle empalor." ...