By Tesla is denying a report that it was looking to replace Elon Musk as its CEO. “The Wall Street Journal” ran a story Wednesday claiming Tesla’s board opened a search for a new chief executive officer last month as company stocks were sinking and as Musk was getting backlash for his political activities.
After the story broke, Tesla board chairman Robyn Denholm released a statement on X calling it “absolutely false,” and said the board was “highly confident” in Musk’s “ability to continue executing on the exciting growth plan ahead.”
