Tesla CEO Elon Musk (not a founder as he claims) admitted he does not enjoy being CEO today in the SolarCity trial. The Teflon will eventually wear off of pied piper Elon Musk. Mr. Musk was accused of fraud by the SEC in 2018 and was subsequently in violation of his SEC settlement. Mr. Musk has consistently over-promised and under-delivered from an operational standpoint. Musk pumps and dumps crypto. Tesla’s Board is weak from a corporate governance standpoint. EV competition is coming in a big way and if Jerome Powell did not lose his mind in April 2020 there is no doubt that the Tesla stock bubble would not exist. Time will tell if Mr. Musk & Company can effectively compete against established OEM competitors such as GM, VW and others as well as Chinese EV upstarts over the long-term.
See our Analysis: Elon Musk vs. Mary Barra – A Personality Comparison