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Elon Musk Responds to Report Tesla Board Wants to Replace Him as CEO 

May 1, 2025
in News, U.S.
Elon Musk Responds to Report Tesla Board Wants to Replace Him as CEO 
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Elon Musk has responded to a report from the Wall Street Journal that the Tesla board was seeking to replace him as CEO, calling it a “deliberately false article.”

In a post on X, formerly Twitter, Musk wrote: “It is an EXTREMELY BAD BREACH OF ETHICS that the Wall Street Journal would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors!”

It is an EXTREMELY BAD BREACH OF ETHICS that the @WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors! https://t.co/9xdypLGg3c

— Elon Musk (@elonmusk) May 1, 2025

On Wednesday, the newspaper published an article claiming several Tesla investors and board members “got serious about looking for Musk’s successor” in late March as controversy swirled around his role within President Donald Trump’s administration.

The publication said a number of Tesla’s eight-strong board had contacted several executive search firms to discuss working on the formal process to select a new CEO.

It added that Musk had not responded to its requests for comment.

Tesla refuted the claims, with the company’s chair Robyn Denholm issuing a statement on X: “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.”

In January, Trump appointed Musk to head up the newly created Department of Government Efficiency (DOGE), with a target of slashing what they regarded as excess government spending.

This is a breaking story. More to follow.

The post Elon Musk Responds to Report Tesla Board Wants to Replace Him as CEO  appeared first on Newsweek.

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