Elon Musk went full Trump in a late-night all-caps tirade on X, slamming a Wall Street Journal report that claimed Tesla was actively seeking to replace him as CEO.
The Murdoch family-owned publication reported Wednesday that the eight-person Tesla board had contacted multiple executive search firms to initiate the hunt for a new leader while Musk was busy with his cost-cutting task force, DOGE.
Musk, who is himself a member of the board, got the message and publicly committed more of his time to the company he has run for 20 years. In response, the search was scaled back and the board worked with just one search firm, WSJ reported.
Musk reacted to the report on X at around 1.30 a.m. Thursday morning. Channeling his inner Trump, he hit the “caps lock” button and fired off a couple of strongly worded posts refuting the story.
In the first, he quoted a message from a Tesla spokesperson dismissing the report, adding: “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!”
The Journal cited “people familiar” with the purported search for a successor.
“WSJ is a discredit to journalism,” Musk added in a later post.
A Tesla spokesperson said that the story was false, and the WSJ was made aware of this pre-publication.
“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,” Robyn Denholm said.
“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 Daily Beast has reached out to the Wall Street Journal for comment.
It is not the first time the Journal has found itself at loggerheads with Donald Trump or his allies. The right-leaning newspaper’s editorial board has recently hit out at the president over his Ukraine policy, and his decision to remove security protection for former staffers.
It called Trump’s decision to impose tariffs on global trading partners the biggest “mistake in decades” and on Monday, in a piece to mark the first 100 days of Trump’s second term in office, warned him that a “major reset” was needed.
Meanwhile, in an earnings call with Tesla investors last month, Musk announced that he would scale back his time with the so-called Department of Government Efficiency to just one or two days a week starting in May.
“There’s been some blowback for the time that I’ve been spending in government with DOGE,” he admitted.
The announcement came after Tesla reported that its profits had plummeted by 71 percent in the first quarter of 2025 after sales slumped in key markets around the world. The carmaker only earned $409 million in the first three months of the year, down from $1.4 billion over the same period in 2024.
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