Core Insights - Elon Musk is facing challenges in managing his various businesses while also engaging in political activities, as indicated by his statement during a Fox Business interview [1][2] - Tesla shares have dropped over 15%, reaching a five-month low, which has raised concerns among investors regarding Musk's focus on the company [2][5] - Musk's net worth has decreased by $22.8 billion to $319.6 billion, although he remains the wealthiest individual globally [3] Company Performance - Tesla's stock has seen a significant decline, trading down over 15% on a recent Monday, marking a low not seen since October 23 [2] - The company's market position is under scrutiny, with New York City's comptroller expressing concerns about Musk's divided attention affecting Tesla's leadership in the electric vehicle sector [5] Leadership and Management - Musk described his role in government as "tech support," indicating a commitment to improving government efficiency, which may detract from his focus on his businesses [6] - There are calls for Musk to delegate his CEO responsibilities to a full-time employee to ensure Tesla's continued leadership in the electric vehicle market [5][6]
Elon Musk Says He's Running His Companies ‘With Great Difficulty' As Tesla Shares Plummet