Elon Musk not stepping down as Tesla CEO

By Associated Press

May 18, 2023 12:07 am

ELON Musk on Tuesday dismissed speculation that he might step down as Tesla's chief executive officer (CEO) and told the company's annual shareholders meeting that the electric car and solar panel company would start doing some advertising.

'Say it ain't so,' one shareholder asked Musk about stepping down as Tesla's leader. 'It ain't so,' he replied without further discussion.

STAYING PUT Tesla and SpaceX CEO Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington. Musk on Tuesday, May 16, 2023, dismissed speculation that he might step down as Tesla’s CEO and told the company’s annual shareholders meeting that the the electric car and solar panel company would start doing a small amount of advertising. AP PHOTO

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