Background

Elon Musk has been CEO of Tesla since 2008, when he took over from Ze'ev Drori. As of early 2024, Musk owns approximately 13% of Tesla's shares and maintains significant influence over the company's board of directors.

There has been growing dissatisfaction among some Tesla shareholders regarding Musk's leadership, particularly concerning his divided attention between multiple companies (including SpaceX, X/Twitter, Neuralink, and The Boring Company) and controversial public statements that have at times affected Tesla's stock price.

Recent reports indicate some momentum among shareholders considering Musk's removal, though his substantial ownership stake and control over the board create significant barriers to such action.

Resolution Criteria

This market will resolve as YES if Elon Musk is officially removed from or voluntarily steps down from the position of Chief Executive Officer (CEO) of Tesla, Inc. before or on June 1st, 2025.

The market will resolve as NO if Elon Musk remains CEO of Tesla, Inc. on June 1st, 2025.

For clarity:

• A temporary leave of absence where Musk remains the official CEO will NOT count as removal

• If Musk changes his title but effectively remains the top executive (similar to when he briefly adopted the title "Technoking"), this will NOT count as removal

• If Tesla's board announces Musk's removal before June 1st, 2025, but the effective date is after June 1st, 2025, this market will resolve as NO