Tesla CEO Elon Musk said he intends to remain CEO of the company of the US Electric Vehicle (EV), even though he calls the call to resign from sliding sales and criticism of the role of the Federal Government of the United States.
Speaking at the Qatar Economic Forum, Mr. Musk said he is planning to stay as Tesla CEO that the worst is over with the brand that has already recovered from the worst start to a calendar year in its history.
In the first three months of 2025, Tesla placed a business income of US $ 399 million (A $ 624 million), with 66 percent down on the first quarter of 2024.
“It has already turned around,” Mr. Musk told the forum moderator. “We have lost some sales on the left, but we won them on the right – we see no problem with the question.”
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He also said that Tesla’s success can be measured on the basis of the share value, not the sales figures that he used as proof that the difficulties of the automaker have already been overcome despite well -published decreases.
“Our sale is doing us very well at the moment; we are not anticipating a sales deprivation, and – you know – to be honest, the stock market acknowledges that we are now more than US $ 1 trillion (a $ 1.54 trillion) in market capitalization, so the market is clearly aware of the situation.”
Mr. Musk – those rumors denied board members who had called up his expulsion – was asked in Qatar if he intends to still be CEO of Tesla in five years, to which he answered with a confident: “Yes”.
He also committed himself to plans to spend more time on Tesla and SpaceX, where he is also CEO.
The billionaire said he will withdraw to his role in politics, and has an estimated $ 300 million ($ 465 million) contributed to the federal election campaign of Donald Trump 2024.
“I think I will do much less in terms of political expenses in the future. I think I have done enough,” he said on the forum.
“If I see a reason to make political editions in the future, I will do it. I don’t see any reason at the moment,” said Musk.
The success of the Trump campaign saw Mr. Musk appointed as a special government employee, a temporary role that is legally obliged to end up on 30 May 2025.
Nevertheless, Mr. Musk’s appointment in the White House came into the first sale of Tesla in the history of the brand in 2024, followed by unprecedented sales days in China, Europe, the United States and Australia.
As a result, Mr. Musk calls on as a CEO, including a campaign guided by employees that demanded that he resigned, given the recent and-te-te-te-te-te-te-termste in terms of selling the company-proof poor performance.
Mr. Musk owns around 13 percent of Tesla, where the automaker is planning to launch its robotaxi service in Austin, Texas, next month, and ‘more affordable’ models to go to the US in the US in the US.
In Australia, Tesla rolled the updated model 3-the second best-selling electric car in Australia-out in 2024. A faceled model Y SUV followed this year.
Tesla’s local arm told Carexper It is not aimed at its products and not on its worldwide CEO.
