• Latest
  • Trending
  • All

Tesla denies contacting headhunters to replace Elon Musk

May 2, 2025

Ice cream: How the big firms innovate to stay ahead

August 15, 2026

Temporary disposable barbecue ban over wildfire risk

August 15, 2026

Why tech bosses keep sharing their manifestos about AI

August 15, 2026

European Athletics Championships 2026: Keely Hodgkinson takes 800m silver behind Swiss rival Audrey Werro

August 15, 2026

Electric vehicle sales targets could be cut after pressure from car makers

August 14, 2026

Business Daily – Taking Stock: The cost of heatwaves

August 14, 2026

Major oil slick washes up on Iran coast after Hormuz ship strike

August 14, 2026

Rare breeding bat found roosting near South Yorkshire reservoir

August 14, 2026

Killer who will not say where wife's body is to stay in prison

August 14, 2026

Amy Hunt: Can getting glammed up really improve your performance?

August 14, 2026

Arrests and road closed over suspected abduction in East Lothian

August 14, 2026

Tân mawr ger Llanymddyfri yn gorfodi nifer o bobl i adael eu tai

August 14, 2026
News
  • Login
  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Saturday, August 15, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Australia v Bangladesh: Steve Smith benefits from reprieve but tourists dominate day one of first Test

    Builders unearth €9m gold loot sealed in walls of Belgian property

    Chad’s Succès Masra: Former prime minister given state pardon

    Japan: Record rain in Chiba kills eight as thousands stranded at Narita Airport

    Engine parts smashed Ryanair window that man’s head was sucked out of, report says

    Stolen Matisse artworks recovered by police in Brazil

    Israeli settlers besieging Palestinian families in West Bank village

    Concern grows over conditions on USS Abraham Lincoln

    Australian army whistleblower released on parole after more than two years in jail

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    Temporary disposable barbecue ban over wildfire risk

    European Athletics Championships 2026: Keely Hodgkinson takes 800m silver behind Swiss rival Audrey Werro

    Killer who will not say where wife's body is to stay in prison

    Arrests and road closed over suspected abduction in East Lothian

    Tân mawr ger Llanymddyfri yn gorfodi nifer o bobl i adael eu tai

    Ardoyne: Police defend response to north Belfast incidents

    'Welcome to one of the most bizarre by-elections in recent history'

    European Athletics Championships 2026: Amy Hunt wins 200m gold as Dina Asher-Smith claims bronze

    'Releasing my son's killer early would be a slap in the face'

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    Ice cream: How the big firms innovate to stay ahead

    Electric vehicle sales targets could be cut after pressure from car makers

    Business Daily – Taking Stock: The cost of heatwaves

    US says dozens of countries helped China dodge Trump’s tariffs

    RBSI announces around 50 job cuts in Jersey

    UK economy grows but experts warn of challenging months ahead

    Twitch users can now block Amazon from using their content to train AI

    Burnham warned Iran war could hit UK growth next year

    First wave of ‘pounds for pylons’ energy discount sites revealed

  • Tech
  • Entertainment & Arts

    Meghan hits red carpet at Power of Women in Hollywood

    Margot Robbie unable to speak at Saltburn premiere

    Barbra Streisand: Siri can now pronounce my name

    Wes Anderson’s The Grand Budapest Hotel inspires cinema’s look

    Taylor Swift/ Travis Kelce romance reaches White House

    The Killers booed at Georgia concert after inviting Russian fan on stage

    Watch: Memorable moments from Parkinson's star-studded show

    Tom Jones: Neighbour surprised to find singer in flat below

    Black Country Folk Festival showcases local musicians

    Watch: Australians set new world record with Tina Turner dance

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business Companies

Tesla denies contacting headhunters to replace Elon Musk

May 2, 2025
in Companies
5 min read
251 2
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Mitchell Labiak

Business reporter, BBC News

Getty Images A close up of Tesla chief executive Elon Musk from his left sideGetty Images

Tesla has denied reports that it has contacted recruitment firms to launch a search for a replacement for Elon Musk as chief executive.

The Wall Street Journal reported on Wednesday that the electric car firm’s board began looking for a successor to Mr Musk last month.

It said this was because of frustration around Mr Musk’s focus on his job in US President Donald Trump’s administration and Tesla’s sinking share price.

However, in statement on Thursday, Tesla said the report was “absolutely false” while Mr Musk wrote on his social media platform X that the paper was “a discredit to journalism”.

Tesla chair Robyn Denholm wrote on X: “There was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company.”

“This is absolutely false (and this was communicated to the media before the report was published).”

She added: “The CEO of Tesla is Elon Musk and the board is highly confident in his ability to continue executing on the exciting growth plan ahead.”

The denial comes after the Wall Street Journal, citing unnamed sources, wrote that Mr Musk was told by the board he needed to spend more time on Tesla and that he needed to say so publicly.

The paper said Mr Musk did not push back against the suggestion.

Last week, Mr Musk said on a conference call about earnings “I’ll be allocating far more of my time to Tesla” and pledged to “significantly” cut back his government role.

Writing on X on Thursday, Mr Musk was heavily critical of the Wall Street Journal’s reporting.

“It is an EXTREMELY BAD BREACH OF ETHICS that the WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors,” he said.

He later reposted a comment from an X user that called the paper “trash”.

Protests and boycotts

Mr Musk’s leadership of Trump’s newly created advisory body – the Department for Government Efficiency (Doge) – has attracted a lot of criticism.

Some customers of Tesla say they no longer feel loyal to the brand because of Mr Musk’s controversial political views and actions while in charge of Doge.

Some have pledged to boycott the firm while others have staged protests against it because of Mr Musk – in some cases causing criminal damage to dealerships.

Meanwhile, investors and analysts have said Mr Musk’s reputation and his juggling of high-level roles is part of the reason why Tesla struggling financially.

In March, Trump – with Mr Musk by his side – told reporters at the White House gardens anyone using violence against Tesla would “go through hell”.

He then pledged to buy a red Model-S, one of a number of Teslas lined up on the White House drive that day, to support the electric car firm.

‘I wear a lot of hats’

Temporary government employees, such as Mr Musk, are normally limited to working 130 days a year which, if counted from the day of Trump’s inauguration, will end in late May.

But it is unclear when Mr Musk, who contributed more than a quarter of a billion dollars to Trump’s re-election, will step down completely.

Trump said last month he would keep Mr Musk “as long as I could keep him”.

On Wednesday, Mr Musk, who also runs space firm SpaceX, made light of the idea he was doing too many jobs.

In a video posted on X in a White House cabinet meeting, he was wearing two baseball caps.

“They say I wear a lot of hats,” Mr Musk said in the video. “That’s true. Even my hat has a hat.”

Bloomberg reported that Mr Musk also said on Wednesday that Doge should examine the spending of the US central bank, the Federal Reserve, particularly the cost of renovating its headquarters.

Mr Musk has made similar comments before, raising the idea that the Fed should be audited. However, such a move would pose questions about the bank’s independence.



Source link

Tags: contactingdeniesElonheadhuntersMuskreplaceTesla

Related Posts

Electric vehicle sales targets could be cut after pressure from car makers

August 14, 2026
0

The UK's electric vehicle (EV) sales target could be cut after the government launched a review following pressure from...

RBSI announces around 50 job cuts in Jersey

August 13, 2026
0

Officials at the Royal Bank of Scotland International (RBSI) have confirmed around 50 people across Guernsey, Jersey, Isle of...

Raw images, no filters: Why MySpace fans want it back as relaunch hinted

August 9, 2026
0

MySpace launched in 2003 and quickly became a cultural hub, helping artists like Arctic Monkeys, Adele, and Nicki Minaj...

  • Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

    677 shares
    Share 271 Tweet 169
  • Belgian footballer arrested in cocaine investigation

    533 shares
    Share 213 Tweet 133
  • Next to raise prices to help pay for rising wage costs

    532 shares
    Share 213 Tweet 133
  • South Wales Police officers injured, one arrested

    525 shares
    Share 210 Tweet 131
  • Charities to get £15m fund to save surplus farm food

    516 shares
    Share 206 Tweet 129
  • Trending
  • Comments
  • Latest

Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

January 16, 2025

Belgian footballer arrested in cocaine investigation

January 27, 2025

Next to raise prices to help pay for rising wage costs

January 7, 2025

World Cup 2022: TikTok brings football fever to millions of fans

0

UK economy will get worse before it gets better, warns chancellor

0

One of Central America’s most active volcanoes erupts again

0

Ice cream: How the big firms innovate to stay ahead

August 15, 2026

Temporary disposable barbecue ban over wildfire risk

August 15, 2026

Why tech bosses keep sharing their manifestos about AI

August 15, 2026

Categories

Business

Ice cream: How the big firms innovate to stay ahead

August 15, 2026
0

I'm at the research and development centre of the world's biggest publicly listed ice-cream maker, Magnum. Near Bedford in...

Read more

Temporary disposable barbecue ban over wildfire risk

August 15, 2026
News

© 2023 GODJ - NEWS CORP - news.godj.com.

Explore NEWS.GODJ.COM

  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

© 2023 GODJ - NEWS CORP - news.godj.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.