Tesla: Pigeon CEO, Overcompensated Captive & Useless Board, Failed Targets - CleanTechnica

The article critically examines Tesla’s recent challenges, focusing on leadership and governance issues. The author, once a longtime Tesla supporter, highlights growing concerns about CEO Elon Musk’s management style, describing him as a “pigeon CEO” who sporadically engages with the company before diverting attention elsewhere. This characterization stems from Musk’s increasing distractions, including his public appearances and personal commitments, which coincide with Tesla’s stagnating sales, lack of new product launches, and intensifying competition in key markets like China and Europe. Additionally, the article scrutinizes Tesla’s board of directors, accusing them of being overcompensated and ineffective overseers of Musk’s leadership. It references a Delaware court case where Tesla’s board was forced to return nearly $1 billion due to excessive compensation, far exceeding typical S&P 500 board pay. This exorbitant remuneration, coupled with the board’s reluctance to challenge Musk, is portrayed as a key factor in Tesla’s recent underperformance, including missed financial targets and declining