Vortex at Tesla? Elon Musk should make way
Elon Musk has done incredible things as Tesla boss. However, the eccentric CEO is and has never been undisputed. Important voices in the company’s environment are now demanding clarity. For them, even Musk’s end at the helm of Tesla is on the negotiating table.
Clear message from the shareholders: Tesla boss Elon Musk cannot continue like this
Elon Musk and Tesla – the names are inextricably linked. At least that’s how it seems, but a group of important shareholders of the electric car manufacturer does not want to put up with it. In an open letter, representatives of 17 major shareholders and investment companies have addressed the board.
The bottom line: Tesla needs one Boss who takes full care of the company’s needs. Elon Musk recently took over Twitter and is in the chief post there. He also owns other companies with SpaceX of the Bohring Company and others.
Tesla shareholders are demanding that Musk make Tesla and its problems a top priority. The Tesla board of directors – the open letter is addressed to two board members – should ensure that Tesla gets the attention he needs from his boss. Either the time that the Tesla boss can spend on other tasks should be limited. Or it must one successor plan to be found.
In plain language, that would mean: In the future, Elon Musk should only – or at least almost exclusively – take care of Tesla. If he doesn’t, have to Tesla to separate from his current boss. In addition, the board should ensure that there is less personal dependence on Elon Musk. In addition to his brother, several longtime friends of Musk are said to be among the board members.
You can see an overview of Musk’s other companies in the video:
Shareholders Demand Musk’s End as Tesla CEO: Is That Really Happening?
Despite the urgent demands of the shareholder group, it is unlikely that Elon Musk will then have to vacate the executive chair. The 17 signatories represented According to Teslamag Share capital of approximately $1.5 billion. Not exactly a piece of cake, measured by Tesla’s market value However, the letter writers have little support behind them. It is currently around 517 billion dollars.
Musk is said to currently hold more than 13 percent of the action himself. However, before he took over Twitter, Tesla was almost doubled in value. So the skepticism towards the CEO cannot be completely dismissed.
Don’t want to miss any more news about technology, games and pop culture? No current tests and guides? Then follow us
Facebook
or Twitter.
