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Explosive changes are afoot at Tesla, according to those who excel at reading the proverbial tea leaves, and Elon Musk is situated in the midst of this melee. Tesla’s board of directors is finally asserting its sizable influence, and it remains to be seen how Musk is able to navigate the churn ahead.
Later on Tuesday, Tesla will hold its much-anticipated annual shareholders’ meeting. A number of interesting developments have taken place just ahead of this seminal event, leading many to conclude that fireworks are in store for the upcoming meeting.
Last week, the Wall Street Journal published a post on Tesla’s CFO, Zack Kirkhorn. Billed as the “executive who keeps Tesla rolling,” Zach Kirkhorn was unabashedly promoted in the WSJ post as the most likely candidate to take over Tesla’s reigns should Elon Musk decide to step out of the limelight.
.@WSJ incase you missed it❗️Elon isn’t stepping down from being the CEO of Tesla. He will be devoting more time to @Tesla from now on. Let that sink in❗️ pic.twitter.com/gwm8q5RdEO
— Eva McMillan ♥️ (@EvasTeslaSPlaid) May 12, 2023
Next, after announcing a new CEO of Twitter, Elon Musk confirmed that he would devote a greater proportion of his time to Tesla but sidestepped the question on the prospects of his continuing as the CEO at Tesla, as can be seen in the tweet snippet above.
Finally, Elon Musk has agreed to go live on CNBC after the meeting. This has led some to conclude that the CNBC interview could serve as a conduit to smooth out ruffled feathers, so to say.
Tesla cut the prices of its EVs by an average of between 12 and 15 percent during the
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