Elon Musk Mourns Red Lobster's Bankruptcy, Recalls 'Fond Memories' of Dining at the Defunct Seafood Chain

Benzinga 2024-05-21

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Elon Musk expressed sadness over Red Lobster filing for bankruptcy, saying he had "some fond memories from a long time ago of eating at Red Lobster." Elon Musk was responding to a post about Red Lobster's troubles on the social platform X. Representatives for Musk and Red Lobster did not comment to the news outlet about the bankruptcy. Red Lobster incurred massive losses after making its "Endless Shrimp" promotion a permanent menu item. Analysts believe Red Lobster's endless shrimp promotion was a sign of "desperation or poor management or both" and ultimately led to the company's downfall.

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