Tesla’s Slump Exposes Elon Musk’s Distractions Across His Empire

May 29, 2024, 9:00 PM UTC

For the full experience visit: The People Running Elon Musk’s Companies as Tesla Spirals

Tesla Inc. is a company in disarray. Layoffs are mounting. Morale is shattered. Its stock is cratering and sales are anemic. And, some investors say, it’s got a distracted leader at the helm.

Elon Musk runs five other companies in addition to the world’s largest electric car maker: SpaceX, the biggest privately held rocket and satellite provider; X, the social media site formerly known as Twitter; the Boring Co. tunnel company; brain-machine startup Neuralink; and artificial intelligence venture xAI.

Musk oversees more than 130,000 people ...

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