Robinhood CEO explains to Elon Musk why his platform restricted

Robinhood CEO explains to Elon Musk why his platform restricted trading last week

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• Robinhood took the action on Thursday to restrict trading in several speculative names, including GameStop and AMC Entertainment.
• Robinhood co-founder Vlad Tenev explained the move and defended his platform in a discussion with Elon Musk on the audio chat app Clubhouse.
• Tenev was grilled by Tesla CEO Elon Musk, who asked whether anything “shady” had happened.

https://www.cnbc.com/2021/02/01/elon-musk-on-clubhouse-robinhood-ceo-explains-trading-restrictions.html

 

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