Sunday March 29, 2020

Tesla investors consider a future without Musk

30th September, 2018
Elon Musk: will he settle for no longer being in the driving seat? Picture: Getty

It is nearly impossible to imagine Tesla without Elon Musk, its chairman, chief executive, largest shareholder and public face.

But a US Securities and Exchange Commission (SEC) lawsuit has raised questions about the executive’s future at the clean-energy company, sending shares spiralling. The agency accuses Musk, 47, of misleading investors with his infamous August 7 tweet about taking Tesla private, and seeks to ban him from serving as a director or officer.

That possibility, however...

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