Elon Flips Out, Denies Report That Tesla Board Is Looking to Replace Him as CEO

Elon Musk publically melted down connected Thursday implicit a caller study from the Wall Street Journal that claims the billionaire’s car company, Tesla, is looking to regenerate him arsenic CEO.

On Wednesday, the Journal reported that, successful caller weeks, Tesla’s committee had begun the hunt for a caller firm leader. Sources acquainted with the interior conversations said that committee members had “reached retired to respective enforcement hunt firms to enactment connected a ceremonial process for uncovering Tesla’s adjacent main executive.” The institution yet zeroed successful connected 1 large hunt firm, the paper says. It is unclear if the hunt is ongoing oregon whether Musk adjacent knew astir it anterior to the reporting, the paper claims.

Tesla has since denied the report. In a station made to Musk’s platform, X, Tesla’s chair, Robyn Denholm, said the following: “Earlier today, determination was a media study erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO hunt astatine the company. This is perfectly mendacious (and this was communicated to the media earlier the study was published). The CEO of Tesla is Elon Musk and the Board is highly assured successful his quality to proceed executing connected the breathtaking maturation program ahead.”

On Thursday morning, Musk retweeted Denholm’s post, adding his ain vitriolic commentary to the mix:  “It is an EXTREMELY BAD BREACH OF ETHICS that the [WSJ] would people a DELIBERATELY FALSE ARTICLE and neglect to see an unequivocal denial beforehand by the Tesla committee of directors,” Musk said.

Later, Musk tweeted: “WSJ is simply a discredit to journalism.”

The Journal claims it reached retired to Musk for remark earlier the communicative was published, truthful ostensibly Musk would person had clip to personally contradict the study if helium wanted to. Gizmodo reached retired to Tesla and Musk for comment.

It would beryllium hard to accidental that Musk has been a peculiarly contiguous oregon effectual firm person implicit the past fewer months. Instead, Musk has been precise engaged starring the Trump administration’s DOGE effort that is designed to shrink the authorities and chopped national spending. That effort has been a implicit and full mess, and has inspired aggravated hatred from millions of Americans.

Since helming DOGE, Musk and Tesla’s lasting person plummeted each implicit the world. Indeed, Musk’s DOGE-work has go the taxable of nationwide governmental protests, which person targeted the car company’s firm profits. During Tesla’s astir caller net call, it was revealed that the car company’s profits had plummeted by a whopping 70 percent during the archetypal 4th of this year. Tesla income are besides dropping each implicit the world, most dramatically successful Europe.