The guy functions as Chairman of Tesla Board (since ) and you may Master Product Designer. The guy and provided Tesla’s pre-initial societal providing (�IPO�) financing rounds. Tesla keeps acknowledged in its Ties and you will Change Commission filings you to Musk isn�t another movie director.
Once the Tesla’s Head Product Designer, Musk performs a switch role about design of most of the Tesla issues. He and contributes �significantly and you can positively� in order to Tesla of the �hiring professionals and designers, [] raising money for [the business] and you can bringing dealers so you’re able to and you can raising public attention to the company.� With its SEC filings, Tesla says that it is �highly influenced by the expertise of Elon Musk,� and recognizes if it was to eradicate Musk’s attributes, losing carry out �disrupt [Tesla’s] functions, impede the growth and you can advent of [its] automobile and you may characteristics, and you can negatively perception [its] organization, prospects and working results also end in [its] stock rate to help you decline.� To own their region, Musk has stated in public places whenever he had maybe not presumed this new role away from President �the organization wasn’t probably make it.� On the an age time Tesla announced the acquisition), Musk repeatedly known Tesla while the �my personal business.�