Tesla’s board is doubling down on Elon Musk as CEO despite growing concerns about his leadership style and potential risks to the company. The move comes amid a host of challenges, including slowing sales, Musk’s personal projects, and a plan to invest heavily in self-driving taxis.
While Musk’s focus on innovation can drive growth, his tendency to prioritize vision over risk assessment is worrying. A safety issue identified after robotaxis hit the road could not only be costly but also deadly. Musk’s leadership style has led to controversies in the past, and this move may repeat a pattern that puts people’s lives at risk.
As Tesla navigates these challenges, the board must carefully weigh the benefits of Musk’s vision against the potential costs. The electric car company’s reputation is worth protecting, and its shareholders are counting on the board to make responsible decisions.
Source: https://www.bloomberg.com/opinion/articles/2025-05-02/elon-musk-risks-turning-tesla-into-the-next-boeing