Elon Musk and Tesla Chairman strongly condemned the report by The Wall Street Journal that the company's board has initiated a process to find a new CEO to replace him, calling it false information.

Earlier on Thursday, Elon Musk and Tesla Chairman strongly denied a Wall Street Journal report stating that the board of the electric vehicle company had begun a process to search for a new chief executive officer to replace the world's richest man.

The report said that the board "has narrowed its focus to a large headhunting firm," but the specifics of the headhunter are unclear, and it is unknown whether Musk was aware. "Board members told him he needed to spend more time at Tesla," and made this public. According to the report, Musk did not argue with the board.

Tesla Chairman Robyn Denholm issued a statement on the company's X account, saying that the Wall Street Journal's evening report on Wednesday "incorrectly" claimed that the board had contacted a recruitment agency to start the CEO search process.

"This is absolutely false information (and this was already disclosed to the media before the report was published)," she said.

She added: "The CEO of Tesla is Elon Musk, and the board has full confidence in his ability to continue executing the exciting growth plan for the future." Musk stated that the "deliberate publication of false articles by The Wall Street Journal without prior explicit denial from the Tesla board is an extremely serious ethical violation!"

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In fact, careful reading of the Wall Street Journal's report shows that this happened a month ago. After that, Musk acknowledged during Tesla's earnings call that he would spend more time at Tesla and gradually reduce his energy investment in DOGE. This is logically consistent with the content reported by the media.

Original source: https://www.toutiao.com/article/1830965701934217/

Disclaimer: This article represents only the author's personal views.