Tesla chair denies its board is looking to replace CEO Elon Musk
CBSN
Tesla Chair Robyn Denholm said the electric vehicle maker's board has not contacted recruitment firms to start a search for a new CEO to replace Elon Musk.
Denholm was responding to a report in the Wall Street Journal that said board members had reached out to several hiring firms to work on a formal process for finding a new Tesla CEO. The report also said that Tesla board members told Musk he needed to spend more time at the company.
"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," Denholm wrote in a May 1 post on X, the social media app owned by Musk. "This is absolutely false (and this was communicated to the media before the report was published)."
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