Tesla investors are starting to wonder if CEO Elon Musk is still the right man to lead the company after the new CEO is fired in May.
In March, Musk announced that he would be replacing CEO Elon Musk as CEO.
The news comes as the world is still reeling after the company announced that it would cut its dividend policy by $15 per share and reduce its balance sheet by one form or another. The move was announced in a sign that the CEO, himself, may not have been given a chance.
“I’m not the person you’d expect to be getting a free ride,” Musk said in an interview on CNBC on Tuesday.
Musk’s decision comes as people are starting to wake up to the reality that the CEO is the right person to lead a company — and that might be a good thing.
It is not a one-time thing, but it’s a pretty good thing for Musk to have to choose from.