Tesla has publicly rejected claims from The Wall Street Journal suggesting it was searching for a successor to Elon Musk. The report indicated that Musk's commitments outside of Tesla, particularly in the Trump administration, were causing concerns amid a declining share price. However, Tesla issued a strong denial, emphasized the board's confidence in Musk, and had Musk himself criticized the report as unethical. Despite external pressures, Musk assured stakeholders he would be dedicating more time to Tesla's future growth and outlined intentions to reduce his roles elsewhere.
Teslaâs board was falsely reported to have contacted recruitment firms to find a successor for Elon Musk, amid concerns over his focus on other commitments.
Tesla chair Robyn Denholm stated that the reports were untrue and reaffirmed the board's confidence in Musk's leadership and the company's growth direction.
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