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Fortune
Fortune
Will Daniel

Elon Musk is ‘distracted’ and Tesla’s ‘toxic culture’ and ‘human rights risks’ are a big problem, major shareholder group says

(Credit: Photo by PATRICK PLEUL/POOL/AFP via Getty Images)

As the CEO of SpaceX, Tesla, and now Twitter, Elon Musk has a lot on his plate. The billionaire confessed in February that the toll of working up to "probably 120” hours a week in order to manage his companies has been intense, saying he “wouldn’t wish that pain on anyone.” 

But now, 17 major Tesla investors who together hold more than $1.5 billion of the electric vehicle giant—including one of Europe’s largest asset managers, Nordea Asset Management; the New York City Comptroller's office; and the Danish pension fund PensionDanmark—have had enough of Musk’s marathon schedule and want the board of directors to do something about it.

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