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Mobile Web – Top Stories – Elon Musk commits to serving as Tesla’s CEO for another 4-5 years

CEO Elon Musk talks to the crowd as Tesla launched the Model S, at their factory in Fremont, Calif., on Friday, June 22, 2012. (Patrick Tehan/Staff)
MOUNTAIN VIEW–Tesla Motors CEO Elon Musk assured shareholders Tuesday that he will stay on as CEO of the electric-car maker for at least four or five years, through volume production of Tesla’s next vehicle, a mass market car that will sell for roughly $35,000.

“No one is a CEO forever,” Musk said at Tesla’s annual shareholders meeting, held at the Computer History Museum in Mountain View. “Eventually they carry you out.”

Musk, 42, is also CEO of rocket maker SpaceX, based outside Los Angeles, and has spoken previously about the challenges of simultaneously running two fast-growing companies in different cities.



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