Is Elon Musk’s Reign at Tesla Nearing Its End? Board Reportedly Begins CEO Search Amid Turmoil
Tesla’s board is quietly scouting for a new CEO as Elon Musk’s focus drifts toward U.S. politics, The Wall Street Journal revealed this week. 🔍 With Tesla’s stock plunging and profits nosediving, investors are demanding answers—and accountability.
Here’s the lowdown:
📉 Tesla’s Q1 profit dropped 71%, sparking panic among shareholders.
🤝 Board members tapped top executive search firms to find Musk’s successor.
⚠️ Musk’s recent White House involvement—helping ex-President Trump cut federal spending—has raised eyebrows.
While Musk claims he’ll now prioritize Tesla, the board’s covert search hints at deeper tensions. Could a new CEO reboot the EV giant? 🔄 Stay tuned as this corporate drama unfolds!
