Elon Musk responds to rumors about leaving Tesla and criticizes report for inventing supposed search for new CEO (X @elonmusk)
Elon Musk and the chairwoman of Tesla, Robyn Denholm, strongly denied a Wall Street Journal report that claimed the company was looking for a replacement for Musk as CEO.
According to an article, the board had started reaching out to recruitment firms in March to find a new leader due to growing dissatisfaction with the time Musk has dedicated to Tesla.
In recent months, Musk has been involved with the U.S. government, advising the administration of Donald Trump on public efficiency issues, which raised concerns among investors about his absence from Tesla. One of the company’s earliest shareholders, Ross Gerber, even publicly called for Musk to step down, claiming that the company was being neglected.
Both Denholm and Musk used the social network X (formerly Twitter) to refute the report, labeling the claims as false and unethical. Denholm reaffirmed the board’s confidence in Musk and assured that there was no search for another CEO. Musk, on the other hand, harshly criticized the WSJ, accusing the newspaper of publishing deliberately false information while ignoring the company’s official denial before the publication.
Source: Unilad | Photo: X @elonmusk | This content was created with the help of AI and reviewed by the editorial team
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
