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Musk stays: Tesla denies rumors of CEO change

Musk stays: Tesla denies rumors of CEO change

Ilon Musk continues to lead Tesla – despite media reports that he may be replaced.

The company has officially denied rumors that the board of directors has apparently started looking for a new CEO. In a statement posted on social network X, Tesla explicitly called such information “absolute lies.” It also clarifies that the relevant comment was provided to journalists even before the controversial article was released.

Ilon Musk has spoken out harshly on the matter, writing, “The Wall Street Journal discredits journalism.”

Tesla chairman Robin Denholm said Musk is still CEO, and the board has full confidence in his ability to execute the company’s ambitious growth strategy.

The WSJ story was allegedly prompted by internal discussions at the company amid Tesla’s stock plunge. However, an official statement strongly refuted those reports.

According to the WSJ, Tesla’s CEO has not been able to make a decision on the company’s growth strategy.

The Musk stays: Tesla denies rumors of CEO change was first published on ITZine.ru.

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