Business
Elon Musk revealed he doesn’t enjoy being boss of Tesla
Chief Executive Officer (CEO) and Product Architect of Tesla, Elon Musk has revealed that he does not enjoy being the boss of Tesla.
While speaking at the court trial, the billionaire made the startling revelation that he hates being Tesla boss.
"I rather hate it and I would much prefer to spend my time on design and engineering," he told a US court.
Mr. Musk is accused of pressuring the firm's board members into a $2.6bn (£1.9bn) deal to buy a solar panel firm. The shareholders claim the carmaker's money was wasted on buying SolarCity, which - they say - was running out of money.
During the time of deal, Musk had a 22% stake in both Tesla and the solar panel company, which was founded by his cousins.
"Since it was a stock-for-stock transaction and I owned almost exactly the same percentage of both there was no financial gain," he said.
He also denied pressurizing board members, saying that the deal was part of a "master plan" to create affordable vehicles with green power supplies.
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