Amid fluctuating market conditions and rumors about Elon Musk's role as the CEO of Tesla Inc. (NASDAQ:TSLA), the tech billionaire has suggested that he continues to spend the majority of his time at the EV giant.
What Happened: On Tuesday, during Tesla's first-quarter earnings call, Musk was asked that considering he is leading several important companies including SpaceX and X, formerly Twitter, where does his heart actually belong.
The question came from Tony Sacconaghi, a Wall Street analyst from Bernstein, who asked him about the possibility of reduced involvement with Tesla at “any point over the next three years.”
In response, Musk sidestepped answering the question directly. He said that Tesla “constitutes a majority of my work time, and ...