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Tesla reportedly went looking for a new CEO. Elon Musk denies it.


Published on 2025-05-01 14:11:32 - Mashable
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  • Were Tesla board members seriously looking to replace Elon Musk as CEO?

According to a report by The Wall Street Journal, Tesla's board members have been discussing the possibility of replacing Elon Musk as CEO due to his controversial behavior and the impact it has had on the company's stock price; however, Tesla has denied these claims, stating that the board has "100 percent confidence in Elon" and that the report is "categorically false." The discussions reportedly took place in recent weeks, with some board members expressing concerns about Musk's actions, including his tweet about taking Tesla private, which led to a $20 million fine from the SEC. Despite the denial, the report has raised questions about the future leadership of the company and the potential impact on its stock price.

Read the Full Mashable Article at:
[ https://mashable.com/article/tesla-board-members-replace-elon-musk-ceo-wsj-report-denial ]