Tesla’s struggles continue as Elon Musk faces declining profits, protests, and social stigma, but one fundamental truth remains: he is synonymous with the company.
Why is Elon Musk Still CEO of Tesla?
The Struggle Continues for Tesla and Its CEO
The past 10 days have marked several significant setbacks for Elon Musk, the CEO of Tesla. Despite facing numerous challenges, including declining profits, escalating protests against his role in government, rising cases of vandalism, and social stigma against his cars, Musk remains at the helm.
Elon Musk is a South African-born entrepreneur and business magnate.
He is the founder of SpaceX, Tesla, Neuralink, and The Boring Company.
Musk's net worth exceeds $200 billion, making him one of the richest people in the world.
He has played a significant role in revolutionizing the electric car industry with 'Tesla' and space exploration with 'SpaceX'.
Musk's innovative ideas and ventures have disrupted traditional industries and inspired a new generation of entrepreneurs.
The Rise and Fall of a Tech Icon
Tesla’s stock has fallen 37% since the start of 2025, with many analysts predicting further decline. With Trump’s tariffs and plummeting consumer sentiment on the horizon, it is unclear whether the company’s board would have a fiduciary duty to remove Musk.
Tesla is an American electric vehicle (EV) and clean energy company founded in 2003 by Elon Musk.
The company's mission is to accelerate the world's transition to sustainable energy through its innovative products and services.
Tesla's portfolio includes luxury EVs such as the Model S, Model X, and Model 3, as well as energy storage systems like the Powerwall and solar panels.
As of 2022, Tesla has sold over 1 million vehicles worldwide, making it one of the leading EV manufacturers globally.
The Unshakeable Bond Between Musk and Tesla
However, there is one fundamental truth about Tesla: Elon Musk is synonymous with the company. To serve on the board, to buy its shares, or even purchase one of its cars is to believe in him. This unbreakable bond makes it unlikely that shareholders would sue Musk over his enormous $56bn pay package.
The Struggle Continues for Apple’s Siri
Meanwhile, Apple has been struggling with its AI capabilities, particularly with Siri. The company’s senior director, Robby Walker, described the team’s failures as ‘ugly and embarrassing,’ according to Bloomberg. This assessment comes after an explosive internal meeting where executives raised the possibility of scrapping the work on Siri’s new features entirely.
A Tell-All Book Sparks a Strong Response from Meta
A former director of global policy at Meta has written a tell-all book about her time at the company, which has incensed her former employer. The book describes Meta’s leadership as ‘callously indifferent to the price others would pay for their own enrichment.’ Meta has taken extraordinary steps to quash the book’s publication, including obtaining a legal order to prevent its author from publicizing it.
A Look into the Book’s Allegations
The book raises several serious allegations against Meta’s leadership, including accusations of sexual harassment and censorship concessions to re-enter the Chinese market. While Meta describes these claims as ‘outright false,’ it is unclear whether they are true or not. The company’s response has been met with skepticism by some, who argue that it is an attempt to silence the author.
A Look into the Future
As the tech industry continues to evolve, it will be interesting to see how Tesla, Apple, and Meta navigate their respective challenges. Will Musk continue to lead Tesla, or will the company’s board take action? Can Apple improve its AI capabilities with Siri, or will the company struggle to catch up? And what does the future hold for Meta, now that a tell-all book has sparked a strong response from the company?
- theguardian.com | Why is Elon Musk still CEO of Tesla?
