Wednesday, May 2, 2012

Tesla's Elon Musk Is A Part-Time CEO

It has long been known that Elon Musk of Tesla Motors (TSLA) was a CEO focused on other ventures. He is currently the CEO and Chief Designer of SpaceX and Chairman of SolarCity beyond his role of CEO and Product Architect of Tesla Motors.

I'm tired just thinking about all the work he does. He is juggling so many roles that at some point one has to slip up. Doesn't it? Elon is a brilliant guy and he clearly must have some strong people helping lead these companies. He has gotten farther with both Tesla Motors and SpaceX than numerous other start-ups in those fields.

Since these multiple roles were well documented when Tesla went public back in 2010, it isn't something that has held back the stock that recently hit all time highs of nearly $40. Is this really much different than Steve Jobs handling the development of iTunes, iPhone, iPad and the starts of iTV? He was very controlling in those decisions, but the difference is that he wasn't serving multiple masters. If Steve put aside work on the iPod, it was only to produce a new product such as the iPhone that made Apple (AAPL) a better company.

Read the full article at Seeking Alpha.


Disclosure: Short TSLA. Read the disclaimer page for more details. 



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