Tesla Denies WSJ Report on Board Seeking Successor to Elon Musk
Tesla and Elon Musk have vehemently denied a Wall Street Journal report alleging the company’s board was searching for a new CEO. The electric vehicle Maker dismissed the claims as "absolutely false" in a statement posted on X, emphasizing the board’s confidence in Musk’s leadership.
The April 30 WSJ article failed to include Tesla’s pre-publication denial, which Musk called an "extremely bad breach of ethics." The controversy highlights ongoing scrutiny of Tesla’s governance amid its ambitious growth plans in the EV and renewable energy sectors.