Leo Koguan, billionaire and one of Tesla’s major shareholdershas requested through Twitter that Elon Musk, who is CEO of the aforementioned electric mobility company, resign as CEO. Koguan stresses that “Tesla has grown” and that someone who is “working full time” is needed. He has even come to emphasize that an executive like Tim Cook should take the reins of the company.
“Elon has left Tesla and Tesla does not have an acting CEO”, has asserted Leo Koguan through a tweet published a few days ago; Interestingly, before Elon Musk conducted a poll asking his followers if he should step down as CEO of Twitter. Koguan, who is the third largest individual shareholder of Tesla and whose patrimony is 5,610 million dollars, according to Bloomberg, has also hinted that the company’s board of directors should do nothing about it. “Elon will find his own successor under the independent supervision of the BOD [siglas de Board of Directors]”, has said.
In another tweet, Leo Koguan highlights that “Elon is a mere laborer” and that Tesla is getting bigger and bigger. It therefore suggests that the tycoon does not have the capacity or is not prepared to run the company. “Tesla is 19 years old, ranks fourth with a 2.4% allocation in S&P, he is no baby and will soon be the biggest,” he says. He ends by saying that to run Tesla, “You need an enforcer, like Tim Cook,” and not someone like Elon Musk.
The words of Koguan, who has once declared himself a “fanboy” of Elon Musk, seem to be a clear response to the movements that the tycoon has made in recent months to try to save Twitter. Movements that, precisely, considerably harm Tesla and show that the executive is not worrying about his electric mobility company.
Musk, specifically, sold a few days ago Tesla shares worth about 3.6 billion dollars, while in November he sold a total of 19.5 million shares for a total value of 3.95 billion dollars. Namely, During the last months, the businessman would have liquidated 39,000 million dollars in shares with the aim of keeping Twitter afloat.
Elon Musk, however, could leave his position as head of Twitter, since the survey that asked his followers whether or not he should leave the company, has finished with 57.5% of voters calling for it to do so. Precisely, this same survey has made Tesla shares upload during the last hours. Probably hoping that Elon Musk will keep his promise and stick to the results of the vote. If he does, he’ll step down from his Twitter post and thus could focus more of his attention on his electric mobility company.