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Posted by
Two Blokes May 21, 2025 -
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Elon Musk dismissed concerns about Tesla Inc's (NASDAQ:TSLA) recent sales dip and his own leadership during a combative appearance at the Qatar Economic Forum. Responding to questions over weaker European figures, Musk claimed demand was strong globally, calling Europe the company’s “weakest market” but insisting performance elsewhere had already rebounded. He pointed to Tesla’s share price as the best indicator of business health, saying, “The stock wouldn’t be trading near all-time highs if things weren’t in good shape.” Musk also confirmed Tesla would begin testing a limited fleet of self-driving taxis in Austin by late June, with safety operators on board initially. If successful, the pilot could expand quickly. Questions over Musk’s pay resurfaced following reports Tesla’s board is considering alternative compensation plans. A 2018 pay award, worth up to $100bn, remains under legal appeal. Musk maintained his demands were about control, not money, and reiterated his intention to remain chief executive.
