Welcome to Closing Bell on this Friday. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

This make-a-break hour begins with Musk's moment of truth and whether naming a new Twitter CEO is just the thing to jumpstart Tesla shares.

Short circuited lately on pricing and demand concerns

and the road ahead for tech overall.

Here is your scorecard with 60 minutes to go

in regulation the Dowdown, eight of the past nine days pacing for its second

negative week in a row energy the worst sector this week's banks have you

know have been a big drag nearly every day take a look at the NASDAQ it's been

up for other past five sessions as Tech continues to catch a bit of a bid, especially.

Alphabet, up 10% this week alone after holding that big event out in California saying not so fast

Microsoft and all that AI talk it does bring us to our talk at the tape

Elon's exit well sort of as he names a new CEO for Twitter, presumably to spend more time on everything else he's got going on, including Tesla,

shares it ripped, then dipped, and now seem to be looking for some momentum.

Can they find it? That's the big question. So let's ask

E. M. J.'s Eric Jackson. He owns Tesla shares. He joins us now. It's good to

see you again. What was your reaction when you heard that he had finally

named a CEO for Twitter.

Well, I think it's unquestionably good news, Scott, for Tesla shareholders.

This stock is off about 40 bucks since the beginning of April on all the concerns that you mentioned.

And I just think it gives the opportunity for people to reassess Tesla to say he's obviously

going to have more time to focus, not as distracted from Twitter.

And the great thing that Tesla has going for it is it's, you know, we can talk about gross margins

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