Tesla Denies CEO Search Reports

WORLD NEWS

By Aniket Chakraborty May 2, 2025 Arrow

Chair Robyn Denholm called the Wall Street Journal report "absolutely false."

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Musk also dismissed the claims, calling it a "deliberately false article" on X.

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Investor concerns rose after Musk’s involvement with Trump’s DOGE department.

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Musk promised to cut back on DOGE duties and refocus heavily on Tesla.

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Tesla is battling declining sales in Europe and volatile stock performance.

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Denholm emphasized the board’s "strong confidence" in Musk’s leadership.

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Tesla’s future bets are now centered on AI, robotics, and autonomous taxis.

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Governance concerns persist, with talks to add a new independent director.

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For now, Musk’s leadership remains pivotal as Tesla navigates a critical transition.

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