As a corporate governance expert, Atkins also sits on the board of at least four public companies, including Cognizant, Wynn Resorts, SL Green Realty as well as also Schneider Electric, as well as the privately held Volvo Cars.
“Tesla’s board knows they have a rogue CEO. Why aren’t they doing more?” Atkins said Wednesday on CNBC’s “Squawk on the Street,” adding of which “of which is actually failure of governance at the board to not conduct proper oversight.”
Musk’s leadership has been periodically criticized because of his failure to meet type 3 production targets, questionable behavior on analyst calls as well as also impulsive tweeting.
“He is actually a failed public company CEO. Tesla has to go private, or of which will be a major disaster,” Atkins said.
Still, Musk has devotees just as passionate as his detractors.
“Elon is actually the greatest innovator in modern history — the Edison as well as also Einstein combined. Even Steve Jobs doesn’t hold a candle to Elon in terms of accomplishments,” said Vivek Wadhwa, distinguished fellow at Carnegie Mellon University as well as also Harvard Law School as well as also a self-described Elon Musk fan.
“Elon has proven the critics wrong over as well as also over again. The latest was when he increased production of the type 3 to 7,000 cars per week — far more than the 5,000 he’d previously promised. He gets no credit for all of which as well as also the short-sellers as well as also media critics keep finding minor faults,” said Wadhwa, an engineering expert as well as also co-author of “The Driver within the Driverless Car.”
“Taking the company private will allow him to develop the many businesses — automotive, solar, energy storage as well as also auto sharing — without having to constantly watch his back,” Wadhwa said on “Squawk on the Street.”