Tesla has denied reports that it has reached out to recruiting firms to find a new CEO to replace Elon Musk.
The Wall Street Journal reported on Wednesday that board members of the electric car maker had reached out to various recruiting firms in recent weeks as tensions grew at the company over declining sales and Mr. Musk's increasing time in Washington as an adviser to President Donald Trump.
However, in a statement Thursday morning, Tesla said the reports were “absolutely false.”
“Elon Musk remains Tesla's CEO, and the board has every confidence in his ability to continue to execute Tesla's exciting growth plan,” said Tesla Chairman Robin Denholm.
In his own posts on X, which are also his, Mr Musk described the report as “patently false”.
The report said Tesla's board told Musk he needed to focus more on the electric car company and that he should do so publicly.
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Last week, during a press conference to discuss Tesla's financial results, the billionaire said he would be devoting more time to Tesla and that he would “significantly” reduce his duties in President Trump's administration.
Mr Musk's leadership of the newly created advisory body, the Department of Government Efficiency (Doge), has been widely criticised and considered controversial, as it has led to massive cuts to US government spending.
This, coupled with his increasingly controversial political views, has sparked protests at Tesla dealerships around the world and many pledging to boycott the company.
Sourse: breakingnews.ie
