Elon Musk says he wasn’t fired by Peter Thiel, calls PayPal exit a “palace coup”
Elon Musk refuted claims that Peter Thiel fired him as PayPal CEO in 2000, calling it a "palace coup" by the executive team and board. Musk stated he was the largest shareholder and CEO, with Thiel reporting to him. The leadership change occurred while Musk was on his honeymoon, with concerns over his strategic decisions cited as the reason.
Elon Musk refuted claims that Peter Thiel fired him as PayPal CEO in 2000, calling it a "palace coup" by the executive team and board. Musk stated he was the largest shareholder and CEO, with Thiel reporting to him. The leadership change occurred while Musk was on his honeymoon, with concerns over his strategic decisions cited as the reason.
