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Tesla board opened search for a CEO to succeed Elon Musk

Economic Times · 22d

Tesla's board initiated a search for a successor to CEO Elon Musk, prompted by his involvement with the Trump administration and declining sales of Tesla's vehicles, according to a Wall Street Journal report. Musk, facing investor criticism, pledged to focus more on Tesla. However, the status of this succession planning remains unclear. Protests and vandalism related to Musk's politics have impacted Tesla, but it's uncertain if Musk was informed of the board's actions.