Tesla's board is allegedly exploring alternatives for CEO Elon Musk amid plummeting sales and growing concerns regarding his divisive public persona. Despite the board's strong ties to Musk, including his brother, Kimbal, they have reached out to recruitment firms as reported by the Wall Street Journal. In response, board chair Robyn Denholm vehemently denied the claims, asserting confidence in Musk's leadership. This reported unrest coincides with Musk's own dismissal of the report as unethical, highlighting tensions surrounding his leadership and the implications for Tesla's brand and investor confidence.
"The CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead," Denholm added.
"It is an EXTREMELY BAD BREACH OF ETHICS that the [WSJ] would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors," Musk fumed on X.
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