Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Elon Musk: 'I don't want to be CEO of anything'

Elon Musk: 'I don't want to be CEO of anything'

Elon Musk reiterated on Friday that he doesn't want to be Space X or Tesla boss. What's going on?
Tesla doesn't have a press office.


Its CEO, Elon Musk, says the company doesn't need one.

Instead, in a similar way to Donald Trump, he uses Twitter rather than press releases to communicate.

And on Friday, he was in full Elon Musk tweet mode.

A new book is coming out about the Tesla CEO. One story is that in 2016 - when Tesla was in trouble - Musk reached out to Apple's Tim Cook, who he thought might want to buy the company.

The story goes that Elon Musk insisted that as part of the deal, he be made CEO of Apple. Tim Cook told him where to go.

Without a press office to comment on the story, I asked Musk on Twitter whether this was true.

He responded:


But it was a follow up tweet that was particularly revealing


Elon Musk said something similar last month whilst giving evidence in court.

Talking about being CEO of Tesla, he said: "I rather hate it and I would much prefer to spend my time on design and engineering."

He also gave a reason for why he continues to be Tesla boss: "I have to or, frankly, Tesla is going to die."

That he is repeatedly saying he doesn't want to be CEO will worry some investors. Love him or loathe him, Musk's vision and force of personality has driven Tesla's incredible success.

Tesla is by far the most valuable car company in the world.

And yet it is striking that running that company isn't enough for Musk.

He's the boss of Space X - which was in April awarded a contract by NASA to put people onto the moon.

He also founded The Boring Company in 2016, which aims to revolutionise travel through advances in tunnelling technology. Perhaps tellingly, he is not CEO.

Musk gives the impression of a man trapped. He is clearly excited by ideas, innovation, engineering - the exciting start up part of a company.

But the transition from start up to large company turns the CEO position into a very different beast.

Apple's Steve Jobs, Google's Larry Page and Sergey Brin, Microsoft's Bill Gates were all visionaries.

The current CEOs of those companies are very different people. Apple's Tim Cook, Google's Sundar Pichai and Microsoft's Satya Nadella are more than capable leaders. But few would describe them as revolutionaries.

Elon Musk on the other hand projects the image of a swashbuckling entrepreneur. You get the feeling that the often administrative process of running a company does not excite him.

Along with tremendous growth, the Tesla boss has caused all sorts of headaches for Tesla shareholders.

He is currently being sued by shareholders who claim the carmaker's money was wasted on buying SolarCity, which - they say - was running out of money.

At the time of the deal, Mr Musk owned a 22% stake in both Tesla and SolarCity.

And in 2018 he agreed to step down as Tesla Chairman after tweeting that he was considering taking Tesla off the stock market and into private ownership.

Elon Musk may be the second richest person on the planet, but, strangely, he doesn't feel he has the freedom to do what he wants.

He's living proof that you're never too wealthy to be stuck in a job you don't like.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
×