Elon Musk Rips Target After Its Stock Is Downgraded: ‘Won’t Be Long Before’ Shareholders Sue Target

Twitter owner Elon Musk took a shot at Target on Friday morning after JP Morgan downgraded the retailer’s stock, saying that it was only a matter of time before the company faced lawsuits for its controversial actions that have led to the company losing billions of dollars in market value.

Target made “emergency” calls in mid-May to managers and senior directors after the company faced backlash for its Pride collection, which included “tuck-friendly” female swimwear. ---More...