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IPFS News Link • Business/ Commerce

Tesla faces a reckoning with CEO Elon Musk's job in jeopardy

• yahoo.com, Michael Liedtke and Tom Krisher

The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional thinking faces a humiliating comedown as government regulators try to oust him from the company in a lawsuit accusing him of duping the electric car maker's stockholders.

But extracting Musk from the company he has become synonymous with could devastate Tesla.

Musk's fans maintain that Tesla would be insane to get rid of him, arguing it would go down as a huge mistake similar to the one Apple made in 1985 when it ousted its own visionary founder, Steve Jobs, only to bring him back with the company on the brink of bankruptcy 12 years later.


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