I think Elon would be fine with this arrangement. He's an engineer first - his other hats are just what he does out of necessity. He has mentioned on several occasions that he'd be okay with someone else being CEO. I imagine he'd want more of a co-CEO, or some kind of role where Elon has final say, but ordinarily the CEO simply takes care of everything so Elon doesn't have to think about it.
Ideally, he wants an equivalent to what he has with Shotwell at SpaceX. She's SpaceX's head when Musk is focusing on Tesla, and she handles the short term business choices of keeping paying customers happy with the existing Falcon 9 launches, while Musk is free to focus on longer term choices of developing larger rockets for colonizing Mars.
I think Musk would love to similarly hand Model 3 off to someone else and leave him free to focus more on designing future vehicles - the Semi, the pickup, and the second generation Roadster.
Doug Field was the guy. But Model 3 production pretty much took off right after he left and Elon starts to micro-manage the factory... Doug Field probably told him it's impossible, like plenty of smart people have told Elon. Makes me recall seeing Jim Cantrell, part of founding team of SpaceX's Quora response:
"He and I had very similar upbringings, very similar interests and very similar early histories. He was a bit of a loner and so was I. He decided to start a software company at age 13. I decided to design and build my own stereo amplifier system at age 13. Both of us succeeded at it. We both had engineers for fathers and were extremely driven kids. What separated us, I believe, was his lack of even being able to conceive failure. I know this because this is where we parted ways at SpaceX. We got to a point where I could not see it succeeding and walked away. He didn't and succeeded. I have 25 years experience building space hardware and he had none at the time. So much for experience."
https://www.quora.com/How-did-Elon-Musk-learn-enough-about-rockets-to-create-and-run-SpaceX
Elon always does the impossible to prove them wrong.
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