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[webfact]

Elon Musk says deleted his Tesla titles

 

FILE PHOTO: Tesla Motors CEO Elon Musk speaks during the National Governors Association Summer Meeting in Providence, Rhode Island, U.S., July 15, 2017. REUTERS/Brian Snyder/File Photo

 

(Reuters) - Tesla Inc <TSLA.O> Chief Executive Officer Elon Musk took to Twitter on Monday, saying he deleted his Tesla titles last week to see what would happen, without giving further details.

 

"Deleted my Tesla titles last week to see what would happen. I'm now the Nothing of Tesla. Seems fine so far," Musk said on Twitter https://twitter.com/elonmusk/status/1057010155332628481.

 

Tesla did not immediately respond to a request for comment.

 

While Musk is referred to as chief executive officer in Tesla's investor relations web page, his biography page on the company website has no designation. The biography page had earlier referred to Musk as chairman, product architect and CEO.

 

Musk later tweeted " https://twitter.com/elonmusk/status/1057030946594029569: "Legally required officers of a corporation are president, treasurer & secretary. Guess I have to keep 1st one or it will confuse the authorities."

 

Musk has agreed to pay a $20 million fine and step aside as Tesla chairman for three years to settle charges with the U.S. Securities and Exchange Commission related to his Aug. 7 tweet about taking Tesla private.

 

However, in its initial lawsuit, the SEC had sought to bar Musk as an officer or a director of a public company.

 

Musk's compulsive tweeting and erratic behavior, which included smoking marijuana during a video interview, has raised concerns about his leadership, with several Wall Street analysts and some investors urging Tesla to appoint a strong second-in-command.

 

But the Silicon Valley billionaire shut his critics last week when Tesla reported a net profit, positive cash flow and wider-than-expected margins in the third quarter, delivering on his promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.

 

(Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva)

 

-- © Copyright Reuters 2018-10-30

[Srikcir]

6 hours ago, webfact said:

I'm now the Nothing of Tesla.

Hardly.

Maybe not an officer but he owns about 20% of the 106.9 million total shares held in the company - on par as one of the top institutional stockholders.

https://www.nasdaq.com/symbol/tsla/ownership-summary

So not a "Nothing."

 

 

[Burma Bill]

Maybe CEO of MUSK SUBMARINES!!!!

[Bluespunk]

On 10/30/2018 at 1:52 AM, webfact said:

But the Silicon Valley billionaire shut his critics last week when Tesla reported a net profit, positive cash flow and wider-than-expected margins in the third quarter, delivering on his promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.

They are all great achievements, but his finest moment was landing a cameo role in Big Bang Theory season 9

Edited November 5, 2018 by Bluespunk