Elon Musk Vows to Stay Tesla CEO For 5 More Years
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Tesla CEO Elon Musk emphasized his commitment to the role and robotaxi plans in a string of interviews Tuesday. One of Wall Street's biggest Tesla bulls said he's seeing "a different Musk."
Multiple signs from the last two quarters indicate that sales of Tesla vehicles are declining more sharply than ever. The company is struggling to sell the
IPO’d at $17 per share. Fast-forward 15 years, plus a five-for-one and three-for-one split, and Tesla’s stock is trading at just over $341 per share as of this writing — an impressive rise that made a few early investors millionaires.
Elon Musk, who spent nearly $300 million to back Donald Trump's presidential campaign and other Republicans last year, said on Tuesday he will cut his political spending substantially, the latest public signal that he is shifting his attention back to his business empire amid growing investor concerns.