SOURCE : NEW18 NEWS
Last Updated:May 20, 2025, 19:45 IST
Musk denied that being DOGE (Department of Government Efficiency) head is a conflict of interest. Musk stated that he doesn’t “have the formal power, but works as just an advisor”.
While speaking at Qatar’s Economic Forum in Abu Dhabi, Musk said, “Yes, no doubt about that at all.”
Tesla CEO Elon Musk has reaffirmed that he will continue leading the electric vehicle company for the next five years. While speaking at Qatar’s Economic Forum in Abu Dhabi, Musk said, “Yes, no doubt about that at all.”
Earlier, the Wall Street Journal reported that the board members of Tesla were looking for a new CEO to replace Elon Musk, as investors were unhappy over Musk’s overindulgence as DOGE head.
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He has been serving as a key advisor to President Donald Trump in leading the so-called Department of Government Efficiency, which has been a major focus for the tech billionaire in recent months.
Tesla, the US EV automaker, denied the media report claiming that the company “had contacted recruitment firms to initiate a CEO search”. Tesla refuted the claims through its X handle, saying, “This is absolutely false (and this was communicated to the media before the report was published).”
Tesla further said that the CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing the exciting growth plan ahead.
No Conflict Of Interest
Musk denied that being DOGE (Department of Government Efficiency) head is a conflict of interest. Musk stated that he doesn’t “have the formal power, but works as just an advisor”. Refuting claims of wrongdoing to secure government contracts by his firms like SpaceX, he said, “If you’re not seeing it on the front page of newspapers, then there’s nothing wrong with the contracts.”
AI Referees Are a Must
When asked if AI development across the world needs regulations, Musk said that every field must have referees for checks and balances. He said “too many regulations” would hinder progress, using the metaphor of a game where too many referees would make it harder to play.
- First Published:
May 20, 2025, 19:45 IST
