Elon Musk Allegedly Doesn’t Run Tesla—So, Who’s Handling the EV Company?

Elon Musk is allegedly not handling Tesla, as per the latest rumors.

This detail was first reported by The Wall Street Journal. Previously, some Tesla investors were furious as they believed that Elon Musk was failing to run the EV manufacturer.

Gary Black, a hedge fund manager who owns over $50 million in Tesla shares, claimed that there'd been no Tesla CEO ever since Elon acquired Twitter.

If the rumors are that the billionaire is not handling Tesla, then who is running the automaker?

Elon Musk Allegedly Doesn't Run Tesla

According to Futurism's latest report, Futurism's latest report, the one who is really running Tesla is CFO Zach Kirkhorn.

(Photo: ODD ANDERSEN/AFP via Getty Images)
Tesla CEO Elon Musk uses his mobile device as he sits in the car arriving at the construction site for the new plant, the so-called "Giga Factory," of US electric carmaker Tesla in Gruenheide near Berlin, northeastern Germany. - The site still has only provisional construction permits, but local officials have authorized Tesla to begin work at its own risk.

Kirkhorn was hired as the company's chief financial officer in 2019. When he entered Tesla, the company was only valued at roughly $50 billion.

As of writing, Tesla already reached over $500 billion valuation.

Although Elon is publicly praised for the automaker's achievement, speculations claim that the EV company's successes are privately credited to Kirkhorn.

Kurt Kelty, Tesla's former Senior Director of battery technology, said that the CFO doesn't want to take the limelight from Musk.

Although Kirkhorn's contributions are somehow big for Tesla, Elon is still the CEO, meaning most of the company's successes are attributed to him.

Elon To Focus on Tesla

Recently, Elon Musk made huge headlines after he finally stepped down as Twitter's CEO.

As he resigned, he named the new chief executive officer of the social media giant, exNBCUniversal Ad Chief Linda Yaccarino.

Thanks to the arrival of Yaccarino, Elon can now put more time into handling his EV company.

"Obviously, bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing!" said the tech executive via his official Twitter announcement.

His tweet generated over two million views and 29,000 likes. You can check it below to see what people say about his decision.

In other news, Tesla's brake and acceleration issues led to a massive recall in China. We also reported the new Tesla price hike, which increased the prices of its EV models by around $1,000.

For more news updates about Tesla and other giant automakers, always keep your tabs open here at TechTimes.