Is Tesla searching for a new leader to replace Elon Musk?

According to a report by the Wall Street Journal, Tesla's board of directors has begun discussions with human resources firms to find a leader who could replace Elon Musk. These allegations have surfaced due to Musk's political activities and his support for far-right groups.

In a recent statement, Musk had indicated that he would reduce his duties under the administration of U.S. President Donald Trump to focus more on Tesla. However, Musk's political stance and endorsements have negatively impacted Tesla's image. While the company has faced protests and calls for boycotts, it has also experienced a decline in sales in China and California.

Tesla's board of directors held a meeting with Musk, requesting that he make a statement confirming he would dedicate more time to the company. It remains unclear why Musk has not responded to these requests and whether Tesla is aware of this search.

OFFICIAL STATEMENT FROM TESLA

On the other hand, Tesla denied the allegations that the board of directors is searching for a new leader to replace Musk in a statement released via social media on Thursday morning. The company stated that such reports do not reflect the truth.

News Source: 12punto