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Company dismisses report on replacement

Source: cp24.com cp24.com
News Snapshot:

Elon Musk speaks during an event with U.S. President Donald Trump in the Oval Office at the White House, Feb. 11, 2025, in Washington. (AP Photo/Alex Brandon, File) Tesla’s chair Robyn Denholm has rejected a Wall Street Journal report that the company’s board has begun a search process for a new CEO to replace Elon Musk. The Journal reported Wednesday that Tesla’s board contacted executive placement firms in March to look for Musk’s replacement, citing multiple unnamed sources. Denholm said in a post on Tesla’s official X account that the claim was “absolutely false,” and the board is “highly confident…

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