It should be remembered that from the beginning of his offer to buy the social network, Musk made it clear to his investors that he would only be the CEO of the platform temporarily and, in fact, assuming the position was part of a strategy to remove Parag Agrawal from the Market Stall.
Regarding Tesla, which is Musk’s flagship company, he would also leave the position of CEO, according to the statement of James Murdoch, a former member of the board of directors, even though he has been in that position since 2008 and has made it one of the most portfolio successes.
In the last financial report, the company registered a net profit of 3.3 billion dollars, a figure very close to its record, and announced that during this period it made 344,000 deliveries of electric vehicles.
However, these decisions would respond to the concerns of the investors of the different companies, who have questioned the ability of the businessman to divide to correctly manage his different companies.