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Musk needs to become a more normal CEO

Digest opened free editor

Did politics prove in politics very expensive? In its peak last December, its sales and profits report in the first quarter of last week, Tesla lost nearly $ 800 billion in the market value. This knocked on $ 100 billion or so from the wealth of co -founder and CEO, Elon Musk. The shares have been bounced a little since then, as investors chanted MUSK’s promise to back down from the use of a circle in the United States government as the head of the so -called government of the government’s efficiency Donald Trump, and to spend more time in managing the electric vehicle maker. But repairing damage to Tesla will require more than just a lesser -widespread coach.

Note that Musk no longer devoted all his time to Tesla and Business. He said he would continue to “spend one or two days” every week on “government matters”. Most councils and investors still consider a great distraction for an executive president, especially overseeing about half of the companies of companies at the same time. They may quietly join if the proximity to power has achieved a beneficial effect. However, although the Trump administration moved on Thursday to reduce the rules related to self -driving cars, Musk was unable to curb Trump’s design to restore other pro -EV policies or the war of harmful tariffs.

Maga also did not prevent the commitment to reduce a wider embrace of the right -wing policy that, along with its activities, has sparked consumer provinces and protests in the showrooms. Within hours of calling Tesla’s profit, Musk was on its X network re -spreading content by the extreme right -wing activist in Britain Tommy Robinson and AFD’s increasing reconnaissance numbers in Germany.

The truth, however, is that Tesla was sick even before the musk of Maga went. Global car sales decreased in 2024 a little from 2023. There was a large part of its profit that comes from the sale of organizational carbon balances to other auto manufacturers instead of selling cars. The collection of shining products for buyers is no longer sexy. Tesla was very slow to offer low -price models. Chinese competitors such as byd were allowed to get the edge in innovation. The Chinese consumers received the launch of the “full self” system in February with ignoring; Local competitors have already presented a similar treatment at a cheap price.

Some investors suspect that an indisputable musk was already growing from the management of a car company, and appointed to the next big thing. Tesla insisted last week that she plans to start producing more models at reasonable prices by June on the right track, as well as plans to launch a driver -carrotxi service in Austin. Musk Breezily modified that Tesla was on its way to be the most valuable company in history, as it produced fleets of “Cybercabs” and Humanoid Optimus. However, even the last half of Tesla value almost left its shares as Trump was re -elected. Apply anything close to the “regular” car company, and it is clear that huge amounts of their value are still a bet on seeing Musk.

Tesla’s president’s record indicates that if anyone can realize this vision, then this is. But doing this will definitely require his unpopular attention, not simultaneously at the White House and Mar Lago, X-resisters in all hours, and broadcast with right-wing politicians. If Musk is not ready to back down from these activities, he must appoint an executive director who can lead the unlawful Tesla. Tesla will also benefit from becoming a more natural company in terms of governance. The Dilayer Court in Cheseri, which lasts last year, highlighted the extensive bonuses package in Musk, the relations of many members of the Board of Directors with the CEO.

Musk is already confirmed by a place in Pantheon from international entrepreneurs. But it will lead a well -known for his investors and customers, and it can be said that anyone else, if all his focus is on what is better in: being a pioneer.

2025-04-27 10:00:00

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