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Musk Is Being Forced To Work For Tesla
But that will backfire horrendously.
It’s fair to say that Tesla investors aren’t happy. They have been forced to watch Musk pour increasing amounts of gasoline on the trash fire he started at the core of the company, all while he runs around cosplaying like it’s the late 1930s. So, last Wednesday, a group of major Tesla investors, mostly pension funds, wrote a letter to Tesla lambasting the “crisis” the company faces and demanding Musk return to Tesla on at least a 40-hour work week. On top of that, they want Musk to create a clear succession plan — you know, so they can kick him out if he fails. If Musk refused, then they would refuse any new compensation plans for Musk, which would be a major blow, as his record-breaking $56 billion compensation package might need to be reissued, given that the courts have blocked it. This is the big boys telling the child to clean up, or they will take away his battered and broken playthings. But I can’t help but feel this is the wrong move. Or is it a stroke of genius?
Ultimately, Tesla has thrived despite Musk, not because of him.
Don’t get me wrong, Tesla’s position as a meme supply is entirely due to Musk’s behaviour. But the core company’s success has very little to do with Musk. The Roadster and Model S were the actual founders’ (Tarpenning and Eberhard)…
