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Elon Musk and Bob Iger top the list of America’s most overrated CEO as ranked by their peers

Jan 31, 2024 - fortune.com
Elon Musk, CEO of Tesla and SpaceX, has been voted the most overrated CEO for the second year in a row, according to Fortune's annual list of most admired companies. Musk's ambitious goals, such as colonizing Mars and creating self-driving cars, have been criticized as unrealistic and dangerous. Tesla has also faced increased competition and slower growth, leading to a 25% drop in its stock since the start of the year.

Disney's Bob Iger was voted the second most overrated CEO, with Disney falling out of the top-10 All-Stars list for the first time since 2012. Despite Iger's efforts to return the company to profitability, Disney's shares have fallen 9% year over year. On the other hand, Microsoft's Satya Nadella was voted the most underrated CEO for the eighth consecutive year, following a year of significant achievements including the acquisition of Activision Blizzard.

Key takeaways:

  • Elon Musk, CEO of Tesla and SpaceX, has been voted the most overrated CEO for the second year in a row, according to Fortune's annual list of most admired companies.
  • Musk's ambitious goals, such as colonizing Mars and creating self-driving cars, have been criticized as unrealistic and potentially dangerous by industry experts.
  • Disney's Bob Iger was voted the second most overrated CEO, with Disney falling out of the top-10 All-Stars list for the first time since 2012.
  • Microsoft's Satya Nadella was voted the most underrated CEO for the eighth consecutive year, following a year of significant achievements including the acquisition of Activision Blizzard.
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