City
Epaper

I don't want to be CEO of Twitter or any company: Elon Musk

By IANS | Updated: November 17, 2022 08:55 IST

San Francisco, Nov 17 Elon Musk has said that he does not want to be the CEO of ...

Open in App

San Francisco, Nov 17 Elon Musk has said that he does not want to be the CEO of any company, be it Tesla or Twitter.

Musk made the comment during a testimony at a trial in the US on Wednesday, challenging his controversial pay compensation package at Tesla.

"I frankly don't want to be the CEO of any company," he said, reports The Verge.

"At SpaceX, it's really that I'm responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful," he was quoted as saying.

"So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals," Musk elaborated.

He said he does not wish to remain CEO of Twitter forever.

"I expect to reduce my time at Twitter and find somebody else to run Twitter over time," he added.

According to James Murdoch, the former Tesla board member, Musk is even thinking about stepping down as CEO of Tesla.

"Investors have expressed concern over Musk's ability to multitask and whether the billionaire is taking on too much to legitimately run as many companies as he does," the report mentioned.

Amid chaos at Twitter, Musk faced two court cases in the US this week, one defending his $56 billion pay package from allegations by Tesla shareholders and the other a manslaughter trial in Los Angeles state for a fatal crash.

Tesla has come under heavy scrutiny on the controversial Autopilot advanced driver assistance system that has allegedly killed many, with both the US federal and state regulators turning up the heat on electric car-maker.

In August, the Department of Motor Vehicles (DMV) in California accused Musk-run Tesla of running fake claims about its Autopilot and FSD features.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: James MurdochLos AngelesSan FranciscoTwitterSan francisco bayElon muskL.a.Twitter twitterTwitter sevaLos angeles dream centerTwitter cmo
Open in App

Related Stories

InternationalLos Angeles: Suspect Car Driver Crashes Into Wall During High Speed Pursuit in Encino; Dramatic Video Goes Viral

InternationalExplosion at LA Sheriff's Training Center Leaves 3 Dead; Cause Under Investigation

MaharashtraEknath Shinde Takes First Ride in Tesla After Elon Musk’s Company Opens First Mumbai Showroom

NationalTesla Model Y: Is It Cheaper in the US & China Than in India? Full Price Comparison Inside

InternationalWilmington Tunnel Collapse: All 28 Workers Trapped in Debris Rescued Safely in California

Technology Realted Stories

TechnologyStates asked to undertake regular screening to tackle rising fatty liver disease: Nadda

TechnologyAgra-born man to fly on Blue Origin’s next flight to edge of space

TechnologyWhat is ISRO’s 10-day HOPE analogue mission in Ladakh

TechnologyNFDC launches free residential VFX, animation training for Northeast youth

TechnologyKharif sowing up 4 pc, agriculture gross value added may rise 4.5 pc: Report