Tesla CEO Elon Musk causes a stir with speculation on Twitter about departure | Financial

Musk said last January that he expected to be Tesla’s chief executive for “a few more years.” “It would be nice to have a little more free time instead of just working day and night,” the man behind space company SpaceX explained at the time.

Last month, Musk asked in a vote on Twitter whether he should sell 10 percent of his stake in Tesla. A majority agreed. Since then, he has sold Tesla shares worth a total of nearly $12 billion (10.6 billion euros).

Musk’s Twitter message on Tesla stock had little impact on the US stock market. The price seems to be starting with a small loss. A day earlier, the electric car manufacturer still fell sharply.

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