53-year-old American businessman Elon Musk explains the only possible reason he will ever step down from Tesla in next five (5) Years

Elon Musk has stated that he will only relinquish his role as Tesla CEO within the next five years if he passes away. In response to a question regarding his future leadership status at Tesla at the Qatar Economic Forum on Tuesday, Musk stated that he had no doubts. However, he added a qualifier: “I might die.” Tesla’s chair, Robyn Denholm, denied that the company was in the process of recruiting a new CEO earlier this month. Musk also asserted during his interview that Tesla’s sales decline had “already reversed,” despite the fact that Tesla’s deliveries during Q1 2025 were the lowest since Q2 2022.

Musk dismisses Europe’s inadequate sales figures.

The interlocutor, journalist Mishal Husain, emphasised the recent decline in Tesla sales in Europe. Musk responded, “Europe is our weakest market.” We are robust in all other respects. Since the commencement of the year, Tesla sales in Europe have declined by nearly 40%, with April sales down by more than 46%. Tesla’s Model Y, which was the most popular vehicle in 2024, experienced a 51% decline in sales that same month. Musk further stated that European sales declines were “consistent across all manufacturers.” New car registrations in Europe remained consistent, as indicated by JATO Dynamics’ data for 28 European nations. In April, 1,078,521 new cars were registered, which is 1,399 more units than in 2024. The number of new vehicle registrations was substantially increased by electric vehicles, while the number of ICE vehicles decreased. For the first time in April, BYD, a Chinese brand that manufactures hybrids and battery electric vehicles (BEVs), registered a greater number of BEVs in Europe than Tesla.

Tesla has yet to disclose its sales figures by country until the conclusion of the quarter. A report on Q2 sales is anticipated to be released during the first week of July. Nevertheless, numerous nations publish monthly reports on the registration of new vehicles, which enables individuals who are not affiliated with Tesla to ascertain the company’s position.