A recent report claimed that the Tesla board was seeking to replace its CEO. Now, Tesla’s chair and Elon Musk have called this report false.
Recently, the Wall Street Journal ran a piece claiming Tesla’s board was seriously looking into replacing Elon Musk as CEO. According to the article, board members had even reached out to search firms to kick off a formal hunt for someone new. Not long after that report went live, Robyn Denholm, Tesla’s board chair, pushed back. Early Thursday morning, she used the company’s official X account to shut the story down with a clear, direct denial.
Elon Musk himself also posted on X, calling the piece a „deliberately false article“.
The backdrop to the Wall Street Journal’s claims, whether accurate or not, is a rough stretch Tesla’s been going through. The company’s first-quarter numbers were not great: revenue and profits were down, and vehicle deliveries slipped compared to last year.