Tesla Board Denies CEO Succession Planning Amid Musk's Political Focus

Reported about 12 hours ago

Tesla's chair Robyn Denholm refuted a Wall Street Journal report claiming the board was seeking new CEO candidates, asserting confidence in Elon Musk's leadership. Musk himself labeled the article as false, amidst concerns over his political commitments affecting Tesla's performance. With rising competition, Musk's focus has shifted from affordable EVs to AI and robotics, impacting the company's direction and investor sentiment.

Source: YAHOO

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