News Summary

Tesla has strongly denied a report by the Wall Street Journal claiming that its board was actively seeking to replace CEO Elon Musk. The report suggested that board members had approached recruitment firms to find a successor, amidst concerns over declining sales and Musk’s political engagements. Robyn Denholm, Tesla’s chair, publicly refuted these claims, stating that the board remains confident in Musk’s leadership. The denial was echoed across multiple news platforms, emphasizing the board’s unified stance against the report. Musk also criticized the report as unethical, asserting it was published without acknowledging the board’s prior denial.