Musk gets angry when people say that the Tesla Board wants to replace him.
Robyn Denholm, who is the Chair of Elon Musk and Tesla, has strongly denied rumors that Musk would be replaced. These assertions emerged amid investor criticism of Musk’s focus on the business while he has been occupied with government efficiency under President Donald Trump working with the White House.
Musk has stayed in his post at Tesla, but questions about his allegiance to the company have grown. Investors have voiced discontent, claiming that in recent months, he has not given Tesla enough attention. Ross Gerber, a famous early Tesla investor, told Musk in public that he should think again about his two promises.
In a message to Sky News, Gerber said, “Elon Musk has just hurt the company’s reputation.” Tesla needs to be run by someone now. For too long, people have been ignored by the company.
Gerber suggested two options: Musk could either keep working for the government while he hires a new CEO, or he could focus on Tesla again.
Complicating matters further, the Wall Street Journal noted earlier this week that in March, Tesla’s Board had contacted executive placement companies in search of successors for Musk. This paper supported the conjecture about Musk’s involvement in the corporation by referencing several unidentified sources.
However, Denholm and Musk have explicitly refuted these claims. Denholm cleared the Board’s position on Tesla’s official Twitter account. She said, “Earlier today, there was a media report falsely asserting that the Tesla Board had contacted recruiting agencies to start a CEO search at the company. This is quite untrue (as told to the media prior to the publication of the report). Elon Musk is Tesla’s CEO; the Board is quite sure he will keep carrying out the exciting growth strategy ahead.
This conversation emphasizes the continuous conflict between Musk’s several obligations and his central role at Tesla, a business that has grown rapidly over the past years. Stakeholders pay close attention to how Musk will manage his several future obligations as Tesla negotiates its ambitious expansion goals.
Elon Musk publicly expressed his annoyance at the content of a recent Wall Street Journal piece. Declaring, It’s a terrible, unethical thing for the @WSJ to post a DEELIBERATELY FALSE ARTICLE without first getting a clear denial from the Tesla board of directors! Musk was upset on Thursday and wrote about it on Twitter.
This response lines up with Musk’s declaration of plans to leave his role under former Trump’s presidency. Instead, he wants to concentrate more of his efforts on Tesla, the electric car company under his supervision.
Musk’s remarks highlight growing problems with media integrity, especially with regard to the accuracy of reporting. According to recent polls, over 60% of Americans mistrust major media outlets. This incident can cause readers’ skepticism of news sources to grow more strong.
Musk’s change in emphasis might affect Tesla’s future as it keeps negotiating its course in a competitive market. By giving Tesla top priority, he shows a dedication to the electric vehicle industry, where innovation is more sought for than ever.