The Wall Street Journal reported on Wednesday, citing知情 sources, that Tesla's board members contacted several executive search firms about a month ago to look for a replacement for CEO Elon Musk.
The report said it was unclear what progress the board had made in pushing this matter forward. It was reportedly triggered by Musk's deep involvement in Trump administration affairs.
Musk said last week that he would significantly reduce his time spent on Trump administration affairs and instead focus more on running Tesla.
Musk's federal position-cutting plan at the Efficiency Department of Government (DOGE), which he leads, has become one of the most controversial measures during Trump's term. Meanwhile, his long absence from Tesla affairs has worried investors as sales of the company's outdated electric vehicle lineup continue to decline.
His public support for right-wing political positions in Europe has sparked protests against Musk and the company, leading to vandalism of Tesla showrooms and charging stations across the U.S. and Europe.
The report said that board members met with Musk and asked him to publicly commit to spending more time on Tesla matters.
However, the report added that it was unclear whether Musk, who is also a board member, was aware of the succession plan, and it was uncertain whether his commitment to increase his work time at Tesla affected related arrangements.
Tesla and Musk did not immediately respond to Reuters' request for comment.
Original source: https://www.toutiao.com/article/1830899162922250/
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