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Will Elon Musk Be Removed as Tesla’s Chairman?

This June Tesla’s board of directors will be voting on whether or not to remove its CEO Elon Musk as chairman of the board. This proposal comes from a shareholder who only holds 15 shares of Tesla but argues that Elon Musk is not an independent chairman and that’s something that a lot of European and American companies are moving away from. Tesla board had issued a statement that they are not supporting such move but nevertheless the issue will be up for a vote in June.

Even though this doesn’t seem to pose any actual issues for Tesla or Elon Musk, it does bring up a question and a conversation on whether or not Elon Musk is the right guy to continue in his current capacity. Is he spread too thin? Is he too raw to be a CEO of the company that grew to this size? This news may just be the beginning of a longer process or conversation about Elon Musk’s leadership.

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