Kristina Roberts
Tesla has strongly denied a recent report claiming that its board was looking to replace Elon Musk as the company’s CEO. The Wall Street Journal had published an article saying that some board members had contacted headhunters to find a new leader for the electric car company. However, Tesla’s chair, Robyn Denholm, called the report “absolutely false” and said the board fully supports Musk.
In a statement posted on Tesla’s official social media account, Denholm said, “Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company. This is absolutely false (and this was communicated to the media before the report was published). The CEO of Tesla is Elon Musk, and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead.”
The Wall Street Journal’s report suggested that some Tesla board members had started looking for a new CEO due to concerns over Musk’s political activities and the company’s falling sales. According to the report, these discussions happened about a month ago. However, it was not clear whether the entire board was involved or just a few members. Tesla’s board includes eight people, among them Musk’s brother, Kimbal Musk, and James Murdoch, the son of media tycoon Rupert Murdoch.
Elon Musk has faced criticism recently for his political views and his involvement in government work. He has been helping former U.S. President Donald Trump in a government efficiency project, which has taken up much of his time. Additionally, Musk publicly supported Germany’s far-right party, Alternative für Deutschland (AfD), before the country’s elections in February. This has led to protests against Tesla in some places and a drop in car sales in key markets.
Tesla’s financial performance has also been struggling. Last week, the company reported a 71% drop in profits for the first quarter of 2025, earning only 409millioncomparedto409millioncomparedto1.39 billion in the same period last year. Tesla’s stock price has also taken a hit, losing about 25% of its value this year.
Despite these challenges, Musk has assured investors that he will focus more on Tesla starting in May. He is expected to step away from his government role by the end of the month, as his position has a strict 130-day limit.
The company’s denial of the Wall Street Journal’s report shows that the board still trusts Musk to lead Tesla. However, the rumors have raised questions about the future of the company and whether Musk’s outside activities are affecting Tesla’s success.
Tesla remains one of the most well-known electric car companies in the world, but it is facing tough competition and growing concerns over Musk’s leadership. Investors and customers will be watching closely to see how the company performs in the coming months.
For now, Tesla’s board is standing by Elon Musk, dismissing any claims that they are looking for a replacement. The situation highlights the challenges of balancing a high-profile CEO’s personal interests with the needs of a major company.
As Tesla moves forward, the focus will be on whether Musk can turn things around and bring back growth to the company. With new competitors entering the electric vehicle market and political controversies affecting sales, Tesla’s next steps will be crucial.
The company’s statement makes it clear that Elon Musk is still in charge, but the pressure is on for him to prove that he can lead Tesla through its current struggles. The coming months will be a test of both Musk’s leadership and Tesla’s ability to stay ahead in the fast-changing auto industry.
While the Wall Street Journal’s report caused a stir, Tesla’s quick denial shows that the board is not ready to make any changes at the top. Whether this confidence in Musk will pay off remains to be seen, but for now, he remains the face of Tesla.
The controversy also raises questions about how much a CEO’s personal actions can impact a company. Musk’s outspoken political views and government work have drawn both support and criticism, but Tesla’s board seems to believe that he is still the right person to lead the company.
As Tesla continues to navigate these challenges, all eyes will be on its next moves. Will Musk’s renewed focus on Tesla help the company recover, or will the pressures from politics and competition keep affecting its performance? Only time will tell, but for now, Tesla is sticking with Elon Musk as its CEO.
The Wall Street Journal’s report may have sparked rumors, but Tesla’s firm response has shut down any immediate speculation about leadership changes. The company’s future now depends on whether Musk can steer Tesla back to stronger profits and growth.
With so much at stake, Tesla’s board is making it clear that they still believe in Musk’s vision. However, the company’s recent struggles show that even the most successful businesses can face tough times. How Tesla handles these challenges will determine its path forward.
For now, the message from Tesla is simple: Elon Musk is staying as CEO, and the board supports him fully. Whether that will be enough to calm investors and customers remains uncertain, but Tesla is standing by its leader despite the controversies.
The electric car market is growing rapidly, and Tesla needs strong leadership to stay ahead. Musk’s ability to balance his many roles will be key to the company’s success. As Tesla works to overcome its current difficulties, the world will be watching to see if Musk can lead the company to new heights once again.
Tesla’s denial of the CEO replacement rumors shows that the board is not considering a change in leadership. However, the company’s recent struggles highlight the challenges it faces. With Musk promising to focus more on Tesla, the next few months will be critical for the company’s future.
The Wall Street Journal’s report may have been denied, but it has brought attention to the pressures Tesla is under. Whether Musk can turn things around will depend on his ability to refocus on the company and address its financial and political challenges.
For now, Tesla’s board is sending a strong message: Elon Musk is here to stay. But with so many challenges ahead, the road to recovery won’t be easy. The company’s performance in the coming months will determine whether this confidence is well-placed.
Tesla’s story is far from over, and the next chapter will be crucial. With Elon Musk still at the helm, the company has a lot to prove. The world will be watching to see if Tesla can bounce back and continue leading the electric vehicle revolution.
As the debate over Musk’s leadership continues, one thing is clear: Tesla’s board is standing by him for now. But in the fast-moving world of electric cars, nothing is certain, and the company will need strong leadership to stay on top.
The Wall Street Journal’s report may have been denied, but it has sparked a conversation about Tesla’s future. With Musk’s many commitments and the company’s recent struggles, the pressure is on for Tesla to show that it can still succeed under his leadership.
For now, Tesla is moving forward with Musk as CEO, but the challenges ahead are significant. The company’s ability to overcome them will determine whether it remains a leader in the electric car industry or faces more difficulties in the future.
The story of Tesla and Elon Musk is still unfolding, and the world will be watching closely to see what happens next. With so much at stake, the coming months will be a true test of Tesla’s strength and Musk’s leadership.
Tesla’s firm denial of the CEO replacement rumors shows that the board is not ready to make any changes. But with the company facing financial and political challenges, the road ahead won’t be easy. Whether Musk can lead Tesla through these tough times remains to be seen.
For now, Tesla is standing by its CEO, but the pressure is on for the company to turn things around. The electric car market is competitive, and Tesla will need strong leadership to stay ahead. The next few months will be crucial in determining the company’s future.
As the debate continues, one thing is certain: Tesla’s story is far from over, and the world will be watching to see how it unfolds. With Elon Musk still in charge, the company has a lot to prove, but also a lot of potential to succeed.
The Wall Street Journal’s report may have been denied, but it has raised important questions about Tesla’s future. With Musk’s many roles and the company’s recent struggles, the pressure is on for Tesla to show that it can still thrive under his leadership.
For now, Tesla’s board is backing Musk, but the challenges ahead are real. The company’s ability to overcome them will determine whether it remains a leader in the electric car industry or faces more difficulties in the future.
The story of Tesla and Elon Musk is still being written, and the next chapters will be critical. With so much at stake, the world will be watching closely to see how Tesla navigates the challenges ahead.
Tesla’s denial of the CEO replacement rumors shows that the board is not considering a change in leadership. However, the company’s recent struggles highlight the need for strong direction. With Musk promising to focus more on Tesla, the coming months will be a true test of his leadership.
The Wall Street Journal’s report may have been false, but it has brought attention to the pressures Tesla is facing. Whether Musk can lead the company through these challenges will determine its future success.
For now, Tesla is standing by its CEO, but the road ahead is uncertain. The electric car market is competitive, and Tesla will need to prove that it can still lead the way. The next few months will be crucial in shaping the company’s future.
As the debate over Musk’s leadership continues, one thing is clear: Tesla’s board believes in him. But with so many challenges ahead, the company will need strong leadership to stay on top. The world will be watching to see if Musk can deliver.
Tesla’s story is still unfolding, and the next chapters will be decisive. With Elon Musk at the helm, the company has both opportunities and challenges. How it handles them will determine whether Tesla remains a leader in the electric car industry.
The Wall Street Journal’s report may have been denied, but it has sparked a conversation about Tesla’s direction. With Musk’s many commitments and the company’s recent struggles, the pressure is on for Tesla to prove that it can still succeed.
For now, Tesla is moving forward with Musk as CEO, but the challenges ahead are significant. The company’s ability to overcome them will shape its future in the fast-changing world of electric vehicles.
