Elon Musk has promised to stay in Tesla at least until 2030: "unless he dies, of course"

Elon Musk has once again been the center of attention after confirming that he will continue to lead Tesla during at least the next five years and that will dedicate “much less time” to political campaigns in the future. Its decision comes at a key moment for the company, which is going through economic difficulties and a strong media pressure. Musk has defended his role in front of Doge, ensuring that he did “what had to be done” and that he does not regret his decisions.

The announcement, made during Your intervention In the Catar Economic Forum, it has been received with relief by the markets, which feared for a possible exit from the Millionaire from the company’s management.

Until 2030 “unless he dies.” In an intervention by video call in the Economic Forum of Catar, Elon Musk made clear that his priority for the next five years will be Tesla. The businessman recognized that, although his political participation has been controversial, Now he wants to focus in the management and future of the company. Given the insistence of the moderator to confirm his commitment to Tesla, Musk joked adding: “Yes, unless he dies.”

The tycoon also took the opportunity to Define rumors about its possible substitution as CEO. Musk said that, despite the speculation of the American press, he has no intention of leaving his position as CEO of Tesla.

Musk faces Tesla’s challenges. Tesla’s economic situation has been especially delicate in what we have been in 2025, where the reputational crisis generated by Musk’s political role in front of Doge joined a context of global sales fall and the renewal of his best -selling model: the model and.

In the first quarter of 2025, the company reported a reduction in its net profit of 71%, remaining at 409 million dollars. In addition, the income from the sale of cars descended 20% compared to the same period of the previous year, standing at 13,967 million dollars. The hardest blow came from Europe, where the brand recorded its values minimums in sales In the last two years.

Musk wanted to take iron from the current company situation ensuring that his sales situation “has already taken a turn”, although he has recognized that Europe is the weakest region As for the company’s sales. “We are strong in the rest of the world. Our sales are going well at this time and we do not foresee a significant fall of sales,” the company’s CEO justified.

Less political visibility. The Millionaire took advantage of his intervention to announce that he will significantly reduce his expenditure on political campaigns and acts moving away from political focus to concentrate on the management of your companies. This decision seeks to calm investors and improve the image of Tesla after months of controversy that have put Tesla as a goal of political interests, although Musk questioned the reputational damage that his political adventure has caused the brand.

“Yes, maybe We have lost some sales On the left side, but we have won them on the right side. Sales figures are at this time solid and we don’t see demand problems, “Musk explained in his speech.

Positive Investor Reaction. The news about the return of a 100% Musk concentrated in solving Tesla’s problems was received as a sign of stability for the manufacturer.

Tesla’s shares experienced a rebound up to 3.6% after the announcement, unmarked from the general bearish trend of the market. However, subsequently the price ended up yielding to the global fall, although Musk’s stability and commitment message has been positively valued by shareholders. Tesla’s shares have fallen by 14% so far this year with respect to their maximum registration in December 2024.

In Xataka | Elon Musk asked for calm and endure the actions of Tesla. Its president did otherwise and has won 230 million dollars

In Xataka | Elon Musk dismissed the security experts of autonomous vehicles: they were the same ones that should regulate Tesla cars

Image | Flickr (Gage Skidmore), Unspash (Dmitry Novikov)

(Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) ();

–
The news

Elon Musk has promised to stay in Tesla at least until 2030: “Unless he dies, of course”

It was originally posted in

Xataka

by
Rubén Andrés

.