Why Man Creates (1968)

> The board narrowed its focus to a major search firm, according to the people familiar with the discussions. The current status of the succession planning couldn’t be determined. It is also unclear if Musk, himself a Tesla board member, was aware of the effort, or if his pledge to spend more time at Tesla has affected succession planning.

NN88•6h ago

Took forever

toomuchtodo•5h ago

They have no choice at this point without facing consequences, including personal liability, for failing their fiduciary responsibility to shareholders. The brand, currently, is toxic based on consumer polling and sales numbers. Even replacing him may not be enough to recover, if he continues to benefit from ownership of shares.

beloch•6h ago

Given that Tesla was trying to set Musk's compensation at over 100 billion as of December[1], declaring their new CEO to be a rock and then not paying said rock would appear to be a solid interim strategy.

[1]https://www.investopedia.com/elon-musks-multi-billion-dollar...

blindriver•5h ago

Who would have the nerve to try to replace Elon as CEO? I think that's there's no way to "win", and making enemies of Elon is a horrible idea. I think Tesla is ride-or-die with Elon. There's no one who is both smart enough and stupid enough to try to take that job.

arthurz•4h ago

And Elon will still rule behind the shadow

mraniki•1h ago

Tesla board denies launching search for Musk's successor https://news.ycombinator.com/item?id=43854106

CyberMacGyver•1h ago

This would just confirm it further.