Tesla Investors Urge Musk to Focus on CEO Responsibilities

Reported 2 days ago

Tesla investors are pushing CEO Elon Musk to dedicate at least 40 hours a week to managing the company, highlighting concerns over declining sales and stock volatility attributed to his divided attention due to other ventures. A letter from a group holding 7.9 million shares emphasizes the need for Musk's full commitment and calls for clearer succession plans and independent board members to better address Tesla's challenges.

Source: YAHOO

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