Tesla Motors CEO Elon Musk has said that he will remain in the top job through 2011.

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The entrepreneur said that remaining in the top job to see through the launch of the company’s second model – the Model S sedan – in 2011 was stipulated by Daimler when it took a 10% stake in Tesla.


“I didn’t really have a choice. This was a requirement of Daimler that I remain CEO of Tesla through the Model S launch and then continue to be part of Tesla in a chairman role beyond that,” Musk said in an interview.


Musk has lately been involved lately in a public spat with former Tesla CEO Martin Eberhard who has filed a lawsuit alleging defamation by Musk. Musk has publicly blamed Eberhard for cost overruns and delays on the Tesla Roadster (for more on that, see the below link to a Musk blog posting on the Tesla Motors website).


Tesla has just opened its first European showroom in London.


See also:


US: Tesla slashes Roadster production cost


Musk’s blog posting that crticises ex-Tesla CEO Martin Eberhard

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