Elon Musk is reaffirming his commitment to leading Tesla, telling investors and critics alike that he has no plans to step away from the electric vehicle maker anytime soon — despite a rocky stretch for the company of late.
Speaking remotely at Bloomberg’s Qatar Economic Forum on Tuesday, Musk said he expects to remain Tesla’s chief executive for at least another five years, even as his leadership has come under renewed scrutiny amid falling sales and public backlash.
Musk told the gathering that he wants to own more shares of the company in order to hold greater sway in key decisions.
“It’s not a money thing,” Musk said. “It’s a reasonable control thing, over the future of the company.”
The billionaire entrepreneur, who has held the top job at Tesla since 2008, made the remarks as Tesla grapples with its first annual decline in vehicle deliveries in over a decade — a slide that has continued into 2025.
Still, Musk dismissed concerns that the company is in serious trouble.
“It’s already turned around,” he…
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