Tesla Pushing Out Musk?

3,712 Views | 46 Replies | Last: 8 mo ago by captkirk
infinity ag
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9:54p, 4/30/25
They may ask Elon to take on a non exec role at Tesla and have a hands on CEO.

Tesla board opened search for a CEO to succeed Elon Musk, WSJ reports
https://finance.yahoo.com/news/tesla-board-opened-search-ceo-011913820.html

Quote:
(Reuters) -Tesla board members about a month ago reached out to several executive search firms to find a successor for CEO Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
The current status of the board's push, which, according to the report, was sparked by Musk's heavy involvement with the Trump administration, could not be determined, WSJ said.

Musk last week said he would cut back significantly the time he devotes to the Trump administration and spend more time running his many companies.
That follows widespread investor criticism for his work at the Department of Government Efficiency (DOGE), where he has led efforts to cut federal jobs, while sales of Tesla's aging EV lineup have been on the decline.

Quote:
But it was unclear if Musk - also a member of the board - was aware of succession planning, or if his pledge to spend more time at Tesla has affected the efforts, the report added.

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1
Jeeper79
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9:58p, 4/30/25
AG
His announcement that he's coming back has sent the stock back up. If he actually does it, I think he stays.
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aggie93
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10:08p, 4/30/25
AG
I don't see any world where Musk stops being CEO of Tesla unless Musk doesn't want to be CEO of Tesla. I can see where there will be those who may want to take him down but I don't see a world where they can remove him in a hostile way.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
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Zobel
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In reply to aggie93 • 10:13p, 4/30/25
AG
The E in GE used to be for Edison.

Just sayin it wouldn't be the first time.
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GreasenUSA
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10:21p, 4/30/25
AG
And Waystar Royco
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pfo
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10:23p, 4/30/25
AG
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.
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aggie93
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In reply to Zobel • 10:30p, 4/30/25
AG
Zobel said:
The E in GE used to be for Edison.

Just sayin it wouldn't be the first time.
Sure, and Apple got rid of Jobs and then brought him back as well.

Edison also left after merging his company with Thompson and changed the name and ended up selling most of his stock to focus on other projects. He made a lot of mistakes as well tech wise from picking the wrong side of AC/DC to letting Tesla go. So far Elon hasn't really made any mistakes tech wise that are even close to that, he's always been 2 steps ahead.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
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HowdyTAMU
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In reply to Zobel • 10:30p, 4/30/25
AG
Zobel said:
The E in GE used to be for Edison.

Just sayin it wouldn't be the first time.


Wrong. It was Edison General, but then they merged. After a merger it was, and has always been, General Electric.
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FlyRod
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10:39p, 4/30/25
Isn't this kind of normal corporate behavior? CEO produces massive losses and extended risk, shareholders/board go with another CEO?

Tbh it seems like a healthy move for what's left of Tesla.
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FlyRod
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In reply to pfo • 10:40p, 4/30/25
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?
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GE
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10:45p, 4/30/25
AG
He has 20% and has to only get another 31% to get his way. Would be crazy for him to get pushed out
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pfo
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In reply to FlyRod • 11:27p, 4/30/25
AG
FlyRod said:
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?


Apple stock languished until Steve Jobs was brought back. Once back, Jobs invented the iPod and its launch put Apple back on top with a trajectory leading into another Jobs invention, the iPhone.

Who would replace Musk anyway? Anybody out there and available who has invented more than Tesla, SpaceX, Nuralink, Optimus Robots etc. etc? Musk will go down in history books alongside DaVinci, Edison, Westinghouse, Henry Ford snd Steve Jobs.

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deddog
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In reply to FlyRod • 11:29p, 4/30/25
AG
FlyRod said:
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?
Look up apples history pre-iPhone
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Old McDonald
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11:51p, 4/30/25
maybe if musk leaves they'll finally finish FSD
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BigRobSA
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In reply to FlyRod • 11:52p, 4/30/25
FlyRod said:
Isn't this kind of normal corporate behavior? CEO produces massive losses and extended risk, shareholders/board go with another CEO?

Tbh it seems like a healthy move for what's left of Tesla.


"What's left of Tesla"?

One of the best selling car companies in the US?

LOL

Ok, sparky.
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IDaggie06
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In reply to BigRobSA • 12:14a, 5/1/25
AG
BigRobSA said:
FlyRod said:
Isn't this kind of normal corporate behavior? CEO produces massive losses and extended risk, shareholders/board go with another CEO?

Tbh it seems like a healthy move for what's left of Tesla.


"What's left of Tesla"?

One of the best selling car companies in the US?

LOL

Ok, sparky.


And the leader in the energy storage market with their Megapack and powerwall.


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aggie93
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12:44a, 5/1/25
AG
It was all BS


"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
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RED AG 98
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12:44a, 5/1/25
AG
Tesla says WSJ is full of it and were told so before they published the article. I wonder if Tesla has any legal recourse here...

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kb2001
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12:47a, 5/1/25
AG
It isn't surprising. This has been a point of contention since Musk bought Twitter. He's splitting time between several companies, and now he's also spending time with DOGE. At some point, it's unrealistic to run SpaceX, Tesla, Twitter, and also perform work for DOGE, without things starting to slip. With Tesla becoming the target of widespread domestic terrorism, perhaps the board thinks the CEO need to be fully present in that role and not other roles.

They would be stupid to remove Musk. He has been the primary reason for Tesla's commercial success since he came on board. But they are not stupid to put him on the spot to refocus on the company.
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torrid
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12:50a, 5/1/25
AG
If the stock price is tanking and the CEO seems to have found a new hobby, it only makes sense that the board would start to look for someone else.
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TexAggie5432
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1:10a, 5/1/25
I think Musk is a visionary much the way Jobs was. Tesla wouldn't have gotten off the ground without him or been nearly as popular or successful.

But I do think it could be beneficial for Tesla to turn the reins over to someone else. Much like Tim Cook after Jobs died. Apple is 10X more valuable than it was when Jobs died and has had steady growth since then.

Elon is easily the most erratic major CEO out there. Between his rhetoric, earnings calls, tweets, relationship with Trump, time spent on DOGE, I don't know what he is adding to Tesla at this point except uncertainty and hate from a lot of their customer base.

Tesla is a $trillion company at this point. Not a garage band start up.
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hph6203
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In reply to FlyRod • 2:28a, 5/1/25
AG
FlyRod said:
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?
A thoroughly boring company that hasn't done anything except update their lineup of products for more than a decade. Only successful product launch since Jobs died that wasn't initiated by Jobs are the AirPods.

Founder CEOs revolutionize markets. Executive search teams get you Tim Cook, or worse, John Sculley.
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hph6203
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In reply to TexAggie5432 • 2:30a, 5/1/25
AG
BoydCrowder13 said:
I think Musk is a visionary much the way Jobs was. Tesla wouldn't have gotten off the ground without him or been nearly as popular or successful.

But I do think it could be beneficial for Tesla to turn the reins over to someone else. Much like Tim Cook after Jobs died. Apple is 10X more valuable than it was when Jobs died and has had steady growth since then.

Elon is easily the most erratic major CEO out there. Between his rhetoric, earnings calls, tweets, relationship with Trump, time spent on DOGE, I don't know what he is adding to Tesla at this point except uncertainty and hate from a lot of their customer base.

Tesla is a $trillion company at this point. Not a garage band start up.
Tesla is still innovating/developing products that will create markets. The value of Tesla stock would fall by 80% absent that activity. Tim Cook hasn't done a single thing that is interesting since becoming CEO. His one big swing was Apple Vision. A Tim Cook CEO would say Tesla needs to focus on the car business.
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Logos Stick
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In reply to FlyRod • 3:16a, 5/1/25
FlyRod said:
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?


LoL, wut? Apple was on the brink of death after they pushed Jobs out.
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Logos Stick
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3:21a, 5/1/25
Liberals lie, again

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FobTies
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5:14a, 5/1/25
I could see a proposal to put in a lame duck CEO to do all the sign-offs and day to day tasks. Having a tight leash with BOD and Musk. Maybe they wanted to get some names before pitching to Musk and it got leaked.

Of course the story had a tilt towards pushing Musk to exit door. So naturally the company and Musk came out hard against it.
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ts5641
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In reply to infinity ag • 5:19a, 5/1/25
So does that mean lefties will leave Teslas alone now? Maybe they'll go tear up the tunnels The Boring Company completes.
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LOYAL AG
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In reply to FlyRod • 6:14a, 5/1/25
AG
FlyRod said:
pfo said:
Pushing Elon out of Tesla would result in the same thing that happened to Apple when they pushed Steve Jobs out.


A viable company making things people love and doing well?


I wasn't around much yesterday but I'm guessing this was the winner for least accurate post of the day. Good job.

When Apple pushed out Jobs they became the company that had to borrow $180B from Microsoft and agree to open up their OS to MS to produce Office products just to stave off bankruptcy. The company you see today is, as others have noted, thoroughly boring and hasn't created anything of note…since Jobs died. Yes it performs exceedingly well financially and yes I'm on an iPhone and use a Mac for work but this isn't the same company it was when Jobs was alive.

I'm not saying it's going to fail again like it did when they pushed him out. Cook is a very efficient CEO but he's not a visionary. If someone comes out with a disruptive technology in the "phone" category and Apple doesn't buy it before it gets to market that could be a problem long term. If Microsoft could figure out to make a phone period that could be a problem. Otherwise they'll keep humming along selling very good products that work extremely well together and they'll make a fortune doing it. But let's not pretend that happened BECAUSE they pushed out Jobs because that's simply false.
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Funky Winkerbean
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6:18a, 5/1/25
AG
Elon needs to sue them into the ground.
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nortex97
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In reply to Logos Stick • 6:20a, 5/1/25
AG
It's really a shame how far/badly the WSJ has fallen over the past 10+ years. It used to be the one fairly credible national newspaper, imho.
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Funky Winkerbean
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In reply to nortex97 • 6:23a, 5/1/25
AG
All of media, not just them.
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LOYAL AG
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In reply to Old McDonald • 6:23a, 5/1/25
AG
Old McDonald said:
maybe if musk leaves they'll finally finish FSD


Better yet maybe Democrats will stop committing acts of domestic terrorism. Nah, that'll never happen. Political violence has been a go to for the Democrats since the beginning, there's no turning back now. Still we can hope.
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Logos Stick
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In reply to nortex97 • 6:26a, 5/1/25
nortex97 said:
It's really a shame how far/badly the WSJ has fallen over the past 10+ years. It used to be the one fairly credible national newspaper, imho.

Yep.

I had a physical sub during Trumps first term and dropped it because of their push to the left. They've now been taken over by woke radical libs just like 99% of media.
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Tony Franklins Other Shoe
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In reply to Funky Winkerbean • 6:30a, 5/1/25
AG
Funky Winkerbean said:
All of media, not just them.
No ***** The large majority of media now is some story breaks and the rest of the group blare headlines "according to..." then pat themselves on the back.

Person Not Capable of Pregnancy
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TexAgs91
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In reply to Logos Stick • 6:39a, 5/1/25
AG
Logos Stick said:
Liberals lie, again



Didn't this start off as an April fools joke?
No, I don't care what CNN or Miss NOW said this time
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