Elon Musk expects to remain at Tesla as long as he is “useful” for the company

Elon Musk recently confirmed that he intends to stay at Tesla as long as he can provide value for the electric vehicle maker. Musk’s comments were shared during his interview at the Financial Times‘ Future of the Car 2022 Summit

Musk is a multitasker, so much so that he currently serves as CEO of SpaceX, a company that wants to take humans to Mars; and Tesla, which aims to accelerate the advent of sustainable energy. Amidst his plans to purchase Twitter, however, investor concerns emerged about the possibility of Musk being distracted by the social media company. 

The Tesla CEO stated that this would not be the case. When asked how long he expects to stay with the electric vehicle maker, Musk provided a frank response. “As long as I can be useful,” he said

Musk would be very busy this year. Apart from Tesla’s focus on scaling its operations, SpaceX’s efforts to make headways in its Starship program, as well as The Boring Company and Neuralink’s respective projects, reports have suggested that Musk will be serving as Twitter’s temporary CEO once his buyout of the social media company is finalized later this year. 

Just like his other companies, Musk’s targets for Twitter are ambitious. According to a leaked slide deck cited by The New York Times, Musk is looking to increase Twitter’s annual revenues to $26.4 billion by 2028, up from $5 billion last year. The CEO is reportedly targeting almost a billion users for Twitter in 2028 as well. 

Considering Tesla’s current projects, Musk would likely stay on as CEO in the years to come. Tesla, after all, is currently looking to scale itself aggressively in the coming years. The company aims to deliver 20 million electric cars annually in 2030, effectively making Tesla the world’s leading automaker. The company has ambitious plans for its energy division as well, and it has shown serious interest in AI programs with products like its humanoid robot, Optimus. 

Don’t hesitate to contact us with news tips. Just send a message to to give us a heads up.

Simon Alvarez

Simon is a reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday.

Disqus Comments Loading...
Published by

Recent Posts

The Boring Company connects Resorts World station to the LVCC Loop [Photos]

On June 30, Resorts World Las Vegas unveiled its underground station, connecting it to The…

29 mins ago

SpaceX wins FCC approval to connect Starlink satellites to moving vehicles

Eleven months after SpaceX submitted several applications, the FCC has given the company permission to…

6 hours ago

Mercedes-Benz China offers EQS rear-wheel steering upgrade for a yearly fee

Vehicle subscriptions will soon be the norm. Tesla, with its tech-focused vehicles, has been offering…

6 hours ago

Tesla “defective” door handle case dropped by South Korean police

Back in June 2021, South Korea’s Citizens United for Consumer Sovereignty pressed charges against Elon…

7 hours ago

Car Wars: Tesla will be overtaken by Ford, GM because Elon Musk “didn’t move fast enough”

Tesla is a lot of things. Slow-moving is definitely not one of them.  But for…

8 hours ago

Used Teslas and other EVs are being flipped for impressive profits

Due to high demand and low supply, used Teslas and other EVs in the US…

9 hours ago