Tesla CEO Elon Musk Takes On Critics Who Question His Leadership With Data: 'My Response Is Simply…'

Tesla Inc TSLA CEO Elon Musk has defended his leadership role within the electric vehicle (EV) company, citing data as evidence. This response comes after a social media user shared a Reuters graphic comparing EV sales in the U.S. for the first half of 2023, highlighting Tesla’s dominance.

What Happened: Musk responded to the criticism by stating, “Sometimes they question if I should even run Tesla. My response is simply which CEO on that list would you prefer?” 

The graphic showcased Tesla’s remarkable sales performance in the first six months of this year, outselling its 19 closest competitors, including FordRivianVolkswagen, and BMW. Tesla achieved an impressive 325,291 vehicle sales, leaving General Motors Co’s Chevrolet a distant second with 34,943 electric vehicles sold.

See Also: Everything You Need to Know About Tesla Stock

Why It Matters: Musk’s defense is noteworthy considering his previous role as Twitter CEO, which he relinquished earlier this year due to concerns about divided attention between Twitter and Tesla. In December, Musk conducted a Twitter poll, with 57% of respondents favoring his departure from Twitter.

In April, Tesla officially appointed Tom Zhu as the head of its automotive division, marking a key development amid ongoing debates about Musk’s roles in various companies. 

In an open letter to Tesla’s board of directors in April, shareholders expressed concerns about Musk’s divided focus on ventures like Twitter, which he later purchased and renamed X. However, Jon McNeill, a former president of Tesla, defended Musk, highlighting his deep involvement in Tesla’s earnings calls and the company’s continued growth.

In May, a Tesla analyst left the company’s annual shareholder meeting with increased confidence in Musk’s renewed focus on Tesla. 

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

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(Image created with artificial intelligence on MidJourney and Mike Mareen on Shutterstock)

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