Now he is once again fighting against the Securities and Exchange Commission, which can attempt to remove him from his position in Tesla.
The regulator did not specify what penalties it would apply if he was found contempt, but it had previously sought to remove Musk as CEO. Last year, Musk spoke falsely that he had secured funding to take the company privately. In October, the secretary allowed Musk to keep his CEO, but he agreed to give up his chair. He also needed to get pre-approval from Tesla bosses of social media posts on corporate information that is "material" to investors.
The decision to remove Musk as CEO does not rest on the SEC; It would be up to a judge. Or Tesla's board could decide to pull the plug on Musk, if it decides to have had enough.
Musk is a loose cannon
Musk is undoubtedly a genius behind the industry shift electric cars Tesla builds. But he is also the driving force behind the volatility of Tesla's warehouse and the revolving door to the company's top talent.
Even Tesla bulls start shaking their heads.
"Musket's behavior remains careless," wrote Munster. In the case, the tweet was not as careless as the disrespect for the process he agreed upon in the October settlement. "Munsters comments are particularly biting, because Munster is a long-time muscle sports.
Musk seems reasonably well isolated from being thrown out of his own He handpicked the board, including his brother, other billionaire Larry Ellison and the company's new chairman.
A Tesla spokesman refused to comment
Munster said The company has reason to consider a new CEO.
If Musk leaves, Tesla would more easily recruit and maintain senior management, which would reduce the volatility of Tesla's share fell 3% on Tuesday.
In a note to investors, Wedbush analyst Daniel Ives said he is still "concerned about this problem, which is another distraction for Musk & Co., as the company navigates in one of its most challenging periods in its history and Security did not need this news. "
Musk's antics is a distraction for the company. As many hours as he spends at Tesla, sometimes sleeping at the facility, he has two other companies he also heads – SpaceX and Boring Company.
But Munster believes that Musk is irreplaceable. Being with Tesla would be a positive network for the company. His product vision, focus on innovation speed and delivering good customer experiences are not easily replicated.
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