Tesla Inc. CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the company’s annual shareholder meeting on Tuesday.
The billionaire entrepreneur, also the top boss of Twitter, last week announced that NBCUniversal’s former advertising head Linda Yaccarino will succeed him as Twitter CEO and that he will focus on products and technology at the social media firm.
Musk said the move would allow him to devote more time to the electric carmaker, but his commitments to other ventures such as a new AI startup remain a worry.
“He could spend more time with X.AI Corp. He has passion about AI,” said Gene Munster, managing partner at Deepwater Asset Management.
“I think that’s a big X Factor” and it remains unclear who Musk is hiring for the AI startup, Munster added.
Here are some topics that may be discussed at the shareholder meeting.
