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Bloomberg reported that Tesla (TSLA) CEO Elon Musk was eyed as a potential buyer of the app in the U.S. It's what Diane King Hall calls a "hail mary" procedure ahead of its prospective ban on January 19th. Diane discusses the impacts it would have on U.S. social media stocks like Meta Platforms (META) and Snap Inc. (SNAP). She says those companies can benefit if creators and users alike migrate to their platforms.

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Potential TikTok Ban: Elon Musk, Social Media Stocks & Creator Impact

Schwab Network

Potential TikTok Ban: Elon Musk, Social Media Stocks & Creator Impact