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40 hours a week and a succession plan: Big Tesla investors voice concerns even as Musk steps back from politics

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A group of Tesla shareholders said they feared Elon Musk's car maker was being impacted by "long-term damage."
Major Tesla investors are expressing concerns about CEO Elon Musk's focus and the company's direction, despite his recent step back from political activities. Key issues include Musk's involvement in other ventures like X Corp and xAI, which some investors feel detracts from his attention to Tesla. They are advocating for a 40-hour workweek commitment from Musk to Tesla and are pushing for a clear succession plan to ensure stability and growth. These concerns come at a time when Tesla is facing increased competition and challenges in the electric vehicle market, prompting investors to seek more dedicated leadership and strategic planning from the company.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/executive-leadership-and-management/40-hours-a-week-and-a-succession-plan-big-tesla-investors-voice-concerns-even-as-musk-steps-back-from-politics/ar-AA1FJ3LB ]