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Exclusive: Tesla Investor Calls for Board To Oust Elon Musk as CEO

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. or-calls-for-board-to-oust-elon-musk-as-ceo.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A major Tesla investor told Newsweek the board is being "negligent" by not removing Musk as the company's CEO.
An influential Tesla investor, who has been a shareholder for over a decade, has publicly called for the company's board to remove Elon Musk as CEO, citing concerns over his divided attention due to his involvement with multiple companies including SpaceX, X Corp (formerly Twitter), Neuralink, and The Boring Company. The investor, speaking anonymously, expressed frustration over Tesla's recent performance, including a significant drop in stock value and failure to meet delivery expectations. They argue that Musk's focus is too scattered, potentially jeopardizing Tesla's future growth and innovation. This call for leadership change comes amidst Tesla facing increased competition in the electric vehicle market and ongoing legal battles, highlighting the urgency for a CEO who can dedicate full attention to Tesla's strategic direction.

Read the Full Newsweek Article at:
[ https://www.msn.com/en-us/money/companies/exclusive-tesla-investor-calls-for-board-to-oust-elon-musk-as-ceo/ar-AA1BrpDN ]