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Tesla is a public company. The board could fire him if they wanted and might if he further escalates his trolling.
by api 4y ago
Tesla is a public company. The board could fire him if they wanted and might if he further escalates his trolling.
- ineedasername 4y agoThat's might be very difficult. Musk may not own a majority but the corporate bylaws require a supermajority of shareholders to support any major changes, though I'm not sure if firing the CEO is covered by that. If it does, it would require roughly 75-80% of non-Musk shares to vote him out.
- melony 4y agoHis cult of personality is one of the reasons for Tesla's valuation. Remove him, and you have a crash.
- powerbroker 4y agoStrange that this did not happen when a) Steve Jobs first left Apple; and b) after Tim Cook succeeded him. CEOs loose their mojo. When Elon fails to follow-through with taking Tesla private, and (seemingly) acquiring Twitter -- its a sign that he isn't thoroughly thinking through the weightiest of decisions.
- pstuart 4y agoWhen Jobs was ousted Apple was floundering an his departure was more drama than impactful. When he stepped down at the end he had a well running machine that could generally point in the right direction.