Does Elon Musk still want to be the CEO of Tesla? TSLA Musk
He said so before and after he became the chief executive of a fifth company, which appears to have been one too many, at least for Tesla shareholders to stomach. Since April 4, the day Musk disclosed that he’d taken a stake in Twitter, the car and clean-energy company that accounts for a third of his net worth has lost about $749 billion of market value.
“As his fanboy, I invested [because] of Elon,” Leo KoGuan, one of Tesla’s biggest individual shareholders, There’s been no indication Tesla directors feel the same. Several members of the board, including his brother Kimbal, have stood by Musk through it all: the regrettable SolarCity acquisition, the April Fools’ Day tweeting about Tesla going bankrupt, the calling a critic a pedophile.
Privately, Ellison and other fans of Musk’s have explained away Musk’s behavior to Jeffrey Sonnenfeld, the senior associate dean of leadership programs at the Yale School of Management. After all, had the professor ever managed to fly rockets into space and land them upright back on Earth? That said, the Twitter poll Musk has vowed to abide by was just one of the recent votes against him. Last week, Sonnenfeld hosted the Yale Chief Executive Leadership Institute’s annual, where chairmen, presidents and CEOs responded confidentially to questions on a range of topics dominating business news headlines.
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