WSJ: Tesla's board opened search to replace Elon Musk

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WSJ: Tesla's board opened search to replace Elon Musk | CNN Politics

^{Published on 2025-05-01 12:20:32 - CNN}

Elon Musk's stint as a "special government employee" at the White House is coming to an end. And it comes as a new Wall Street Journal report finds Tesla's board had begun the process to replace Elon Musk as CEO last month. Abby Phillip and her NewsNight discuss Musk's tenure in the West Wing.

The Wall Street Journal reported on May 1, 2025, that Tesla's board has initiated a search for a new CEO to replace Elon Musk, amid growing concerns about his leadership and the company's performance. The decision comes after a series of controversial decisions and public statements by Musk, which have unsettled investors and board members alike. The board is reportedly looking for a candidate with strong experience in the automotive industry and a track record of stabilizing companies during turbulent times. This move signals a potential shift in Tesla's direction as it navigates challenges in the competitive electric vehicle market.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/01/politics/video/wsj-teslas-board-opened-search-to-replace-elon-musk ]

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