Elon Musk reportedly said last year he no longer wanted to be Tesla CEO but worried no one could replace him or his vision for the company

Quick Summary:

The EV maker began looking last month for a new CEO to replace Musk, the Wall Street Journal reported Monday.

The EV-maker’s CEO of more than two decades told someone close to him via text that he was frustrated with the amount of work he was putting into the company early last year, the Wall Street Journal reported Monday, citing anonymous sources.

Investors were meanwhile lobbying against a $46 billion pay package for Musk, frustrated he was splitting his time at Tesla with his other companies like Neuralink and X.

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Article Details

Author / Journalist: Sasha Rogelberg

Category: EconomyBusiness

Markets: United States

Topics: Chief executive officer (CEO) Donald Trump Tesla DOGE Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 11:17:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 167 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28319871

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Official Website: fortune.com

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