Tesla shareholders demand CEO Elon Musk work 40 hours per week amid ‘crisis'

A group of major Tesla shareholders is calling on CEO Elon Musk to recommit his attention to the electric vehicle company, citing declining sales, reputational damage and the CEO’s growing list of outside ventures — including a now-concluded stint in the Trump administration.In a letter sent Wednesday to Tesla board chair Robyn Denholm, the investors urged the board to require Musk to spend a minimum of 40 hours per week at the company and to adopt new governance policies that would limit directors’ externa ...