In an latest interview, Elon Musk says he will lead Tesla for at least another five years.
Elon Musk reaffirmed his commitment to staying ceo of tesla despite recent challenges.
Elon Musk says he’d die first, confirms he will lead Tesla for at least five more years.
Elon Musk confirmed he plans to remain Tesla’s CEO
During an interview at Bloomberg’s Qatar Economic Forum, Musk responded “yes” when asked about his future role.
When asked in a followup if he had any doubts about that plan, he said “well, I might die.”
Musk currently manages multiple ventures, including SpaceX and government-related projects, raising investor concerns about his Tesla focus.
Tesla’s sales dropped 13% in the first quarter of this year, marking its biggest delivery decline ever.
Musk says Tesla’s future relies on autonomy and Optimus
Musk, also CEO of SpaceX, has focused heavily on White House DOGE work this year, worrying Tesla investors. Meanwhile, Tesla sales dropped 13% in Q1—its biggest decline ever.
Musk identified Tesla’s future financial success as tied to two key innovations: autonomy and the Optimus humanoid robot.
Additionally, he predicted robotaxis will become widespread within five years, although past timelines have been optimistic.
In a CNBC interview, Musk said these technologies will “overwhelmingly dominate” Tesla’s future earnings.
He added: “Those overwhelmingly dominate the future of financial success of the company.”
He acknowledged his previous ambitious predictions on robotaxis and self-driving cars were “overly optimistic.”
Despite setbacks, Musk remains focused on these projects as Tesla’s main growth drivers.
Musk defended his pay as key to controlling Tesla’s future
At the forum, Musk discussed his outsized Tesla pay package, including large stock awards.
Additionally, Musk also explained the compensation is designed to secure his voting control over company decisions.
A Delaware court rejected the $56 billion compensation plan. However, Musk remains confident that future awards won’t be affected.
“The compensation should match that something incredible was done,” he said. “I’m confident that whatever some activist posing as a judge in Delaware happens to do will not affect the future compensation.”
He argued that the package is not about money, but about preventing activist investors from removing him.
Musk wants to ensure his leadership stability as Tesla faces mounting challenges.
Musk denied CEO rumors and said he’s refocused on Tesla
Recent media reports claimed Tesla was initiating a CEO search amid sales struggles and protests.
Musk strongly denied these claims on social media, calling the report “deliberately false” and unethical.
Tesla Chair Robyn Denholm also dismissed the story as “absolutely false.”
Musk wrote on X: “It is an EXTREMELY BAD BREACH OF ETHICS that the @WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors!”
In April, Musk announced he would step back from his government role with DOGE to focus more on Tesla. Tesla shares dropped significantly earlier this year but have since recovered, gaining 1% after Musk’s announcement.
In short, Musk’s compensation and leadership control remain central to his long-term strategy for Tesla.
Denials of CEO transition rumors affirm Musk’s continued role at Tesla’s helm.
Overall, Musk signals strong commitment to Tesla’s innovation and growth in a competitive market.