Elon Musk says he is thinking of quitting his job

Posted: December 10, 2021 at 7:34 pm

The worlds richest man said he might be ready for a pivot. Tesla CEO Elon Musk tweeted on Thursday that he is in his words - thinking of leaving his jobs.

Instead, he said he would like to become an influencer, which the Twitter-happy CEO is already sort of doing with his flock of nearly 66 million followers.

Of course, it's not immediately clear whether he was being serious. After all, back in January, he said over a conference call that he expects to be in the drivers seat at Tesla for quote - several years. But in addition to helming the electric vehicle maker, Musk also heads the infrastructure firm The Boring Company, the rocket launch service company SpaceX, and brain-chip startup Neuralink.

He has run afoul of regulators in the past with his erratic behavior on social media. Three years ago, he tweeted that he was considering taking Tesla private and had secured funding, sending the stock sharply higher. But no deal emerged. The Securities and Exchange Commission then sued him. In a settlement, Tesla agreed to have its lawyers vet Musks tweets that are financially sensitive.

Most recently, he polled his followers to see if he should sell 10% of his Tesla stake. A majority agreed. Securities filings showed on Thursday he sold another batch of shares worth just under $1 billion. He has been selling shares to pay for taxes on the exercise of stock options.

Tesla investors sent shares south in early Friday trading.

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Elon Musk says he is thinking of quitting his job

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