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Feb 10, 2026 4:01 PM

More Tesla, xAI Execs Resign—Why Leaders Keep Ditching Elon Musk

The exodus from Elon Musk's corporate empire reached a new fever pitch this week as two high-ranking leaders—Tony Wu, a co-founder of xAI, and Raj Jegannathan, a Tesla, Inc. (NASDAQ:TSLA) vice president—announced their resignations within 48 hours of each other.

The latest departures follow a trend of leadership instability across Musk's portfolio of companies. Roughly 66% of Musk's direct reports have left since 2021, according to analysis by the Financial Times. 

TSLA stock is moving. See the chart and price action here. 

The Latest Departures

Tony Wu (xAI): Wu's exit is significant as he is the fourth co-founder to leave xAI since its 2023 inception. His departure could leave a void in institutional knowledge as the startup attempts to catch up with rivals like ...