Tesla's Elon Musk says he is 'thinking of quitting' his jobs
Reuters
Dec 10 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.
"Thinking of quitting my jobs & becoming an influencer full-time wdyt," Musk said in the tweet, without elaborating.
It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.
Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for "several years." read more
"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."
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake/File Photo
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Last month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since. read more
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The billionaire is known for his Twitter banter and lively interactions with followers which have in the past raised regulatory and corporate governance questions, lawyers have said.
Musk was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.
Howard Fischer, a partner at law firm Moses & Singer, said he doubted Musk's latest tweets violated any rules because they were too vague.
He added: "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."
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Reporting by Sonia Cheema in Bengaluru and Katanga Johnson in Washington DC; additional reporting by Hyunjoo Jin; Editing by Sriraj Kalluvila, Michelle Price and Nick Zieminski
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