Musk, Tesla and SpaceX
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As Elon Musk prepares to leave the U.S. government, Tesla investors are pleading with the EV maker to make sure the CEO refocuses on the company and to disclose how the board would replace him in an emergency or if he loses interest.
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essanews.com on MSNElon musk fades from Trump's spotlight, shifts focus to TeslaThe billionaire Elon Musk has started to take a back seat, reports the Politico portal on Monday. A close associate of Donald Trump, he has not completely disappeared from the political scene, but Republicans have stopped mentioning him.
On May 24, X experienced a major global outage, with Musk acknowledging “major operational improvements” were urgently needed and that failover systems “should have worked, but did not.” Musk publicly declared on X “Back to spending 24/7 at work and sleeping in conference/server/factory rooms.
In a letter, some skeptical backers of the EV company have also asked its board to add a “new, truly independent” member and lay out a succession plan.
A group of Tesla investors is urging Elon Musk to commit at least 40 hours a week to running the electric vehicle company, arguing his undivided attention is needed to repair Tesla’s faltering sales and stock price volatility.
Elon Musk lobbies for federal support on autonomous vehicles, while preparing to launch Tesla's Robotaxi service in Austin on June 12.
President Trump held a public farewell in the Oval Office on Friday for his close ally and DOGE mastermind Elon Musk. Meanwhile the New York Times has new reporting about Musk's alleged drug use while on the campaign trail supporting Trump last year.