Elon Musk Criticizes Federal Reserve’s $2.5B Renovation Costs, Tesla CEO Succession Rumors Denied
Elon Musk questioned the Federal Reserve’s $2.5 billion interior design expenditure during a press briefing at the White House, framing it as an irresponsible use of taxpayer funds. The renovation project, initiated in 2021, has ballooned due to rising construction costs.
Separately, Tesla’s board chair Robyn Denholm dismissed a Wall Street Journal report about CEO succession planning as "absolutely false." The conflicting narratives emerged within hours of each other, underscoring the volatility surrounding Musk’s public and corporate engagements.