Tesla Denies Contacting Headhunters To Replace Musk

Tesla has denied reports that it has contacted recruitment firms to motorboat a hunt for a replacement for Elon Musk arsenic main executive.

The Wall Street Journal reported connected Wednesday that nan electrical car firm's committee began looking for a successor to Mr Musk past month.

It said this was because of vexation astir Mr Musk's attraction connected his occupation successful US President Donald Trump's management and Tesla's sinking stock price.

However, successful connection connected Thursday, Tesla said nan study was "absolutely false" while Mr Musk wrote connected his societal media level X that nan insubstantial was "a discredit to journalism".

Tesla chair Robyn Denholm wrote connected X: "There was a media study erroneously claiming that nan Tesla Board had contacted recruitment firms to initiate a CEO hunt astatine nan company."

"This is perfectly mendacious (and this was communicated to nan media earlier nan study was published)."

She added: "The CEO of Tesla is Elon Musk and nan committee is highly assured successful his expertise to proceed executing connected nan breathtaking maturation scheme ahead."

The denial comes aft nan Wall Street Journal, citing unnamed sources, wrote that Mr Musk was told by nan committee he needed to walk much clip connected Tesla and that he needed to opportunity truthful publicly.

The insubstantial said Mr Musk did not push backmost against nan suggestion.

Last week, Mr Musk said connected a convention telephone astir net "I'll beryllium allocating acold much of my clip to Tesla" and pledged to "significantly" trim backmost his authorities role.

Writing connected X connected Thursday, Mr Musk was heavy captious of nan Wall Street Journal's reporting.

"It is an EXTREMELY BAD BREACH OF ETHICS that nan WSJ would people a DELIBERATELY FALSE ARTICLE and neglect to see an unequivocal denial beforehand by nan Tesla committee of directors," he said.

He later reposted a remark from an X personification that called nan insubstantial "trash".

Mr Musk's activity of Trump's recently created advisory assemblage - nan Department for Government Efficiency (Doge) - has attracted a batch of criticism.

Some customers of Tesla opportunity they no longer consciousness loyal to nan brand because of Mr Musk's arguable governmental views and actions while successful complaint of Doge.

Some person pledged to boycott nan patient while others person staged protests against it because of Mr Musk - successful immoderate cases causing criminal harm to dealerships.

Meanwhile, investors and analysts person said Mr Musk's estimation and his juggling of high-level roles is portion of nan logic why Tesla struggling financially.

In March, Trump - pinch Mr Musk by his broadside - told reporters astatine nan White House gardens anyone utilizing unit against Tesla would "go done hell".

He past pledged to bargain a reddish Model-S, 1 of a number of Teslas lined up connected nan White House thrust that day, to support nan electrical car firm.

Temporary authorities employees, specified arsenic Mr Musk, are usually constricted to moving 130 days a twelvemonth which, if counted from nan time of Trump's inauguration, will extremity successful precocious May.

But it is unclear erstwhile Mr Musk, who contributed much than a 4th of a cardinal dollars to Trump's re-election, will measurement down completely.

Trump said past period he would support Mr Musk "as agelong arsenic I could support him".

On Wednesday, Mr Musk, who besides runs abstraction patient SpaceX, made ray of nan thought he was doing excessively galore jobs.

In a video posted connected X successful a White House furniture meeting, he was wearing 2 shot caps.

"They opportunity I deterioration a batch of hats," Mr Musk said successful nan video. "That's true. Even my chapeau has a hat."

Bloomberg reported that Mr Musk besides said connected Wednesday that Doge should analyse nan spending of nan US cardinal bank, nan Federal Reserve, peculiarly nan costs of renovating its headquarters.

Mr Musk has made akin comments before, raising nan thought that nan Fed should beryllium audited. However, specified a move would airs questions astir nan bank's independence.