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Tesla is NOT Looking to Replace Elon Musk as CEO: Company Denies WSJ Reports
The electric vehicle manufacturer has cleared the air regarding reports suggesting it is searching for a new Chief Executive Officer. In an effort to quash the rumors, Tesla officially denied claims made by The Wall Street Journal that the company is looking for someone to succeed Elon Musk in his role.
According to the report from The Wall Street Journal, Tesla allegedly contacted recruitment firms to initiate a CEO search at the company, sparking widespread speculation and concerns among investors. However, this information has been vehemently denied by Tesla itself, with the company stating that it is absolutely false.
Musk was quick to respond to the claims, taking to social media to express his dissatisfaction with the report and the lack of an unequivocal denial from the board of directors prior to its publication. The CEO tweeted, “It’s an extremely bad breach of ethics that the [Wall Street Journal] would publish a deliberately false article and fail to include unequivocal denial beforehand by the Tesla board of directors.”
In addition to Musk’s statement, Robyn Denholm, on behalf of Tesla, confirmed the company’s stance through its official Twitter account. The tweet reads, “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.”
Tesla’s stock price closed yesterday with a 3.38% loss, finishing the day at $282.16.
In conclusion, it appears that Elon Musk will remain at the helm of the electric vehicle manufacturer for now. The company has denied all allegations of seeking a new CEO, and Musk himself has taken to social media to set the record straight.
Tags: Tesla
Source: https://cryptopotato.com/tesla-is-not-looking-for-a-new-ceo-company-clarifies/
