Elon Musk is not a new name to many, with an estimated net worth of 270 billion US dollars, the 50-year old is the current world richest man.
Musk who doubles as CEO of SpaceX and Tesla, Inc., is also the founder of The Boring Company; and co-founder of Neuralink and OpenAI.
He is seen as one of the most powerful men in the world, a mover and shaker but the Tesla Inc henchman got tongues wagging recently when he announced that he is considering leaving his numerous jobs to become an influencer.
In a tweet last Thursday, Musk said:
“Thinking of quitting my jobs & becoming an influencer full-time wdyt. “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,” he stressed.
The South-African billionaire, the founder of a rocket company, Space X, who also leads brain-chip start-up Neuralink and infrastructure firm The Boring Company, had in January said in a conference call that he expects to be the CEO of Tesla for “several years.”
Famed for his Twitter ‘cruise’ and chitchat interactions with his teeming followers, Elon Musk has due to his extroverted online nature raised regulatory and corporate governance questions, and has in many cases drawn the ire of the public with his controversial postulations.
He was fined up to $20 million in 2018 by the U.S. Securities and Exchange Commission for his controversial tweets, with the pressure on him to step down as chairman almost reaching the horizon in 2018.
Howard Fischer, A partner at law firm Moses & Singer, rose in defence of Musk, saying he doubted Musk’s latest tweets violated any rules because they were too vague.
In his words: “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.”
Elon Musk had last month after conducting a poll on Twitter asking his followers if he should sell 10 per cent of his stocks, sold 900,000 shares of Tesla’s stock, in the process earning over $1.1 billion.
The move was seen as a way of paying tax obligations for stock options, with the company managing its businesses selling nearly 3.6 million Tesla shares, a whopping $4 billion earlier in the week.
It remains to be seen if Elon Musk’s recent statement of quitting his jobs are just mere cruise banters or he meant them.
