Tesla Investors Demand Elon Musk Work 40 Hours Per Week -- Maybe Threatening the Board Will Work
Source: YouTube · Eli the Computer Guy · published Jun 11, 2025 · 34:55
Major investors controlling $1 trillion in assets are demanding Elon Musk work 40 hours per week as Tesla CEO, citing governance failures and declining performance 0:29.
Key Takeaways:
• The speaker draws parallels to Twitter's struggles under Jack Dorsey's part-time leadership, highlighting problems with CEOs running multiple companies 1:51.
• Tesla stock has declined significantly (down 23% over 6 months, 21% year-to-date) while BYD produces superior electric vehicles protected by tariffs 8:37.
• The investors' letter criticizes Tesla's board for failing in fiduciary duties by allowing Musk to focus on other ventures while the company suffers 10:59.
• The letter specifically calls out Musk's "absence" as CEO and demands reforms including time commitments, a succession plan, and truly independent board members 17:12.
• Without a viable succession plan, the speaker questions what would happen to Musk's various companies (including XAI) if he faced legal issues or health problems 20:47.
The situation highlights concerns about tech executives running multiple companies while facing increasing scrutiny from both investors and political figures.
Sources:
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First 800 characters of the transcript
Welcome back. As you know, I am Eli, the computer guy, here for the Daily Blob, where we talk about the fact that reality might be finally catching up to Elon Musk. I do have to caveat this. I mean, I wouldn't put a $5 bet on it because I'm not sure reality will ever catch up to Elon Musk, but it is a distinct possibility. Uh, that's right. It looks like a group of investors uh with almost a trillion dollars in assets is demanding that Elon Musk actually work 40 hours a week as CEO of Tesla. Oh my god, those woke bluehair bastards actually want him to do a full day work week at the company that's made him all of his wealth. And uh yeah, in a different time period, in a different timeline, this would be an onion article. But my friends, we're not in that timeline. We're in this particular t…