Top Tesla shareholder says Musk 'doesn't need to be CEO' - Barron's
Tesla Inc`s largest shareholder expressed its support for Chief Executive Officer Elon Musk, but acknowledged that it was open to a different role for the electric carmaker`s founder and CEO, Barron`s reported on Tuesday.
"We wouldn`t be against him having a different role," James Anderson, head of global equities for Baillie Gifford & Co, told Barron`s. "I don`t think he needs to be CEO."
Anderson said Musk was essential to Tesla, but suggested that the company`s founder could play some other role within the company, such as taking on a "chief ideologue" position, according to the report https://www.barrons.com/articles/top-tesla-shareholder-on-elon-musk-5155....
Edinburgh-based investment management company Baillie Gifford has a nearly 8 percent stake in the company, according to Refinitiv data.
Both Tesla and Baillie Gifford did not immediately respond to a request for comment.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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