Find Related products on Amazon

Shop on Amazon

Elon Musk Erupts in Rage at News That Tesla Trying to Replace Him as CEO

Published on: 2025-08-03 13:34:49

With its sales falling off a cliff and profits vanishing into thin air, the Wall Street Journal reported on Wednesday that Tesla quietly started looking for a replacement for CEO Elon Musk. According to the newspaper's unnamed sources familiar with the discussions, board members reached out to several executive search firms to find the company's next CEO. But it didn't take long for an incensed Musk to cry foul. "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," he raged online. The company's board chair, Robyn Denholm, also pushed back against the newspaper's reporting, asserting that "Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead." But considering the extremely biased nature of Tesla's board, which critics have accused of being lined with Musk's "sycophants," it's hard to get an exac ... Read full article.