Tesla chair denies reports that board is looking for new CEO to replace Musk

The chair of Tesla on Thursday denied a Wall Street Journal report that said the company's board had contacted executive search firms about a month ago to identify a potential successor for CEO Elon Musk. The reports come as Tesla faces slumping sales and profits, with investors wary of Musk’s role in federal job cuts at the Department of Government Efficiency (DOGE).

May 1, 2025 - 04:00
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Tesla chair denies reports that board is looking for new CEO to replace Musk
The chair of Tesla on Thursday denied a Wall Street Journal report that said the company's board had contacted executive search firms about a month ago to identify a potential successor for CEO Elon Musk. The reports come as Tesla faces slumping sales and profits, with investors wary of Musk’s role in federal job cuts at the Department of Government Efficiency (DOGE).

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