Musk does not plan to leave the post of CEO Tesla

Despite the problems of the company and the pressure from the shareholders, Elon Musk will remain at least for the next five years. The only thing that can shift him is his own death, writes Wall Street Journal with reference to a billionaire statement.

In the near future, Musk is going to double the number of its shares Tesla. Now he owns 12.77 percent of securities worth more than 140 billion dollars, but he is going to increase the share to about 25 percent.

As a result, the position of the mask in the company will become more stable, the billionaire expects. However, it is not so much that he cannot be “thrown out” if he begins to conduct destructive activity or “just goes crazy”. “It’s not about money,” he added.

Musk is faced with the negative from shareholders and the public because of its active participation in politics. Tesla affects both his detachment and large third -party expenses: in 2024 he spent almost $ 300 million Donald Trump to support the current US President.

Tesla began testing Tesla unmanned taxi by 12 times a BYD for sales of electric cars in China, Tesla owners sold their electric cars.

In the future, Musk promised to significantly reduce political expenses and devote more time to its electric car company.

Meanwhile, Tesla sales leave much to be desired. Dealers cannot even sell “welcoming” copies of the updated Model Y, which entered the market in January. Tesla’s net profit according to the results of the first quarter of 2025 fell by 71 percent.

Green Light: New Elektrokars