He is seen as one of the most powerful men in the world, a mover and shaker but the Tesla Inc henchman got tongues wagging recently when he announced that he is considering leaving his numerous jobs to become an influencer.
In a tweet last Thursday, Musk said:
“Thinking of quitting my jobs & becoming an influencer full-time wdyt. “It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense,” he stressed.
The South-African billionaire, the founder of rocket company, Space X, who also leads brain-chip start-up Neuralink and infrastructure firm The Boring Company, had in January said in a conference call that he expects to be the CEO of Tesla for “several years.”
Famed for his Twitter ‘cruise’ and chitchat interactions with his teeming followers, Elon Musk has due to his extroverted online nature raised regulatory and corporate governance questions, and has in many cases drawn the ire of the public with his controversial postulations.
He was fined up to $20 million in 2018 by the U.S. Securities and Exchange Commission for his controversial tweets, with the pressure on him to step down as chairman almost reaching the horizon in 2018.
Howard Fischer, A partner at law firm Moses & Singer, rose in defence of Musk, saying he doubted Musk’s latest tweets violated any rules because they were too vague.
In his words: “I think that Musk’s social media comments are subject to a substantial discount, as it were, by the market, as compared to other executives.”
Elon Musk had last month after conducting a poll on Twitter asking his followers if he should sell 10 percent of his stocks, sold 900,000 shares of Tesla’s stock, in the process earning over $1.1 billion.
The move was seen as a way of paying tax obligations for stock options, with the company managing his businesses selling nearly 3.6 million Tesla shares, a whooping $4 billion earlier in the week.
It remains to be seen if Elon Musk’s recent statement of quitting his jobs are just mere cruise banters or he meant them.
Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
