Particle.news

Download on the App Store

Elon Musk Ties Future as Tesla CEO to Securing Majority Voting Control

At the Qatar Economic Forum, Musk announced plans to remain CEO for five years but linked his tenure to obtaining greater control, while shareholder litigation and sales struggles persist.

Full interview: Elon Musk on Tesla crash, DOGE, AI & relations with Trump, Putin
'Unless I Die': Elon Musk Says He'll Still Be Tesla CEO In 5 Years: News
Image

Overview

  • Elon Musk stated he intends to stay on as Tesla CEO for at least five more years, contingent on gaining majority voting power to shield against potential activist investor actions.
  • Musk claimed Tesla's sales have rebounded globally except in Europe, though independent data shows continued declines in Q1 and Q2 2025 across major markets, including China and the U.S.
  • Tesla shareholders are suing Musk over his threats to halt AI development at the company unless he is granted additional control through shares.
  • Musk emphasized that his push for majority voting power is not financially motivated but aimed at maintaining strategic control over Tesla's AI and robotics initiatives.
  • Critics highlight that Tesla's valuation remains heavily tied to promises of self-driving autonomy, which has faced delays and mounting competition from established players like Waymo.