Tesla Board Denies CEO Replacement Search Reports

Tesla has denied reports that its board is seeking a replacement for chief executive Elon Musk, after a Wall Street Journal report claimed the company had began a search for its new chief executive, amid mounting concerns on his political entanglements. In a post early Thursday on X, the social media owned by Musk, Tesla chair Robyn Denholm dismissed the claims in the report that the company had contacted recruitment firms to initiate a CEO search as “absolutely false”. “The CEO of Tesla is Elon Musk and the board is highly confident…