‘Not a Money Thing’: Elon Musk Says He Is Committing to 5 More Years as Tesla’s CEO. Here’s Why.
Tesla’s CEO said there is “no doubt” that he is staying at the electric vehicle maker.
Elon Musk‘s new five-year plan has him staying at Tesla.
at Bloomberg’s Qatar Economic Forum on Tuesday, Tesla’s CEO said that he is committed to staying at the electric vehicle maker for years to come.
Related: A Tesla Executive Received a Record Pay Package, and It’s Not Elon Musk
When asked if he will still be leading the company in five years, : “Yes, no doubt about that at all.”
that Musk wants to keep his position as Tesla’s CEO to maintain “sufficient voting control” over the company to avoid activist investors.
“It’s not a money thing,” Musk said. “It’s a reasonable control thing over the future of the company.”
Related: With Tesla Down 71% in Net Income, Elon Musk Says He’ll Spend Less Time at DOGE
Tesla’s in the first three months of this year, marking the in Tesla’s history. Net profits have . The EV maker’s revenue also fell 9% year-over-year.
Musk is currently the , with a net worth of $376 billion at press time, per the Bloomberg Billionaire Index.
Elon Musk‘s new five-year plan has him staying at Tesla.
at Bloomberg’s Qatar Economic Forum on Tuesday, Tesla’s CEO said that he is committed to staying at the electric vehicle maker for years to come.
Related: A Tesla Executive Received a Record Pay Package, and It’s Not Elon Musk
When asked if he will still be leading the company in five years, : “Yes, no doubt about that at all.”
that Musk wants to keep his position as Tesla’s CEO to maintain “sufficient voting control” over the company to avoid activist investors.
“It’s not a money thing,” Musk said. “It’s a reasonable control thing over the future of the company.”
Related: With Tesla Down 71% in Net Income, Elon Musk Says He’ll Spend Less Time at DOGE
Tesla’s in the first three months of this year, marking the in Tesla’s history. Net profits have . The EV maker’s revenue also fell 9% year-over-year.
Musk is currently the , with a net worth of $376 billion at press time, per the Bloomberg Billionaire Index.
