The company doesn’t want to name a successor to Musk.
Investors are poised to vote on the future of the company’s board. But Tesla’s executive team is resisting efforts to name a successor to Elon Musk.transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State.
Musk stepping down as Twitter CEO “will be a positive for Tesla’s stock starting to finally remove this lingering albatross from the story,” Wedbush’s Dan Ives said in a note this week.But Tesla investors are still looking beyond Musk’s leadership at the electric automaker at today’s meeting. Shareholders are set to vote on a proposal for the company to publish a report on “Key-Person Risk” that seeks to identify key persons and establish succession processes.
Possible successors that have been floated include Tesla chief financial officer Zachary Kirkhorn and former CTO JB Straubel, who now runs battery recycling firm Redwood Materials.Supporters of the key-person risk proposal argue
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