Tesla is hurt by Elon Musk's multitasking with SpaceX, Twitter, investors say

A group of Tesla investors has accused the company of mismanagement and seeks a meeting with its board to discuss the performance of CEO Elon Musk.

This was the first launch attempt of the company’s massive Starship moon rocket, which is crucial for the future of both SpaceX and U.S. plans for human space exploration.

asking the company to create a plan to address its reliance on Musk. Tesla’s board has recommended shareholders vote against the proposal at the company’s May 16 annual meeting. Although those types of resolutions face a tough road to success, the carmaker’s poor recent stock performance may rankle investors otherwise inclined to side with the company.

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