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Elon Musk says Tesla will 'retire' the board chairman title in 3 years (TSLA)

Tesla's board of directors may not have a chairman in three years, CEO Elon Musk suggested on Tuesday via Twitter.

Tesla CEO Elon Musk.
  • "'Chairman' is an honorific, not executive role, which means it’s not needed to run Tesla. Will retire that title at Tesla in 3 years," Musk

Tesla named Robyn Denholm, the former CFO at the Australian telecommunications company Telestra, as its new board chairman in November. Denholm joined Tesla's board of directors in 2014.

"No ... I actually just prefer to have no titles at all," Musk said.

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