Elon Musk does not need to be Tesla’s chief executive, a top shareholder has said.
James Anderson, a partner at Baillie Gifford, the electric car company’s second-largest shareholder, said that Mr Musk could have another role at the company.
“We wouldn’t be against him having a different role, he told financial news site Barron’s. “I don’t think he needs to be CEO.”
Edinburgh-based investment management firm Baillie Gifford owns around 7.7pc of Tesla’s shares, according to data compiled by Bloomberg. Mr Musk, the largest shareholder, owns around 20pc of the company.
In a separate interview with Bloomberg, Mr Anderson said a plea he made last June for the company to enter a period of “peace…