Elon Musk has confirmed his commitment to remain the CEO of Tesla for at least the next five years. This announcement was made during a video conference at the Qatar Economic Forum on May 20, 2025, where he addressed concerns about his dedication to the company.
Musk also stated his intention to decrease his political spending in the future. This decision follows his significant involvement in the 2024 elections. He mentioned that he feels he has “done enough” in the political arena and does not currently see a reason to continue at the same scale.
In addition to his role as CEO, Musk aims to increase his stake in Tesla to approximately 25%. This move is intended to solidify his control over the company and prevent potential ousters by activist investors, ensuring stability and continued innovation at Tesla.