Key Takeaways
- Elon Musk said in an interview Tuesday that he plans to continue working as CEO of Tesla for the next five years.
- Earlier this month, The Wall Street Journal reported Tesla's board had contacted a search firm about potentially finding Musk's replacement, but the company and Musk denied the report.
- Musk said gaining "sufficient voting control such that I cannot be ousted by activist investors" is more important to him than his pay package.
Tesla (TSLA) CEO Elon Musk said in an interview Tuesday that he remains committed to being CEO of the electric vehicle maker for at least the next five years.
During an interview at the Qatar Economic Forum, Musk also said that he expects a 澳洲幸运5官方开奖结果体彩网:pay package that has been 澳洲幸运5官方开奖结果体彩网:approved by shareholders but was 澳洲幸运5官方开奖结果体彩网:struck down by a Delaware judge 澳洲幸运5官方开奖结果体彩网:multiple times will be restored in the future, and that gaining "suff🌄icient voting control such that I cannot be ousted by activist investors is what matters to me."
Musk said that he is currently spending about one to two days per week on his work with the Trump administration's cost-cutting efforts, a promise the CEO made during Tesla's latest earnings call last month, as he said he would 澳洲幸运5官方开奖结果体彩网:spend more time with the EV maker.
Earlier this month, The Wall Street Journal reported that Tesla's board had contacted a search firm about potentially finding Musk's replacement, but the company and Musk 澳洲幸运5官方开奖结果体彩网:pushed back after the report was published.
Musk also said in Tuesday's interview that he expects to spend "a lot less" to support political candidates in the future, after his efforts to get President Trump elected in November.
Tesla shares were up close to 2% in recent trading. Still, they've lost about 14% since the start of the year.