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Oh dear. Tesla quietly looking for a new CEO…
#1
…says the Wall Street Journal.

Elmo freaked out, in very Trumpian fashion:

"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 raged online.

Touched a nerve, it seems.

But considering the extremely biased nature of Tesla's board, which critics have accused of being lined with Musk's "sycophants," it's hard to get an exact read on what kind of discussions actually took place.

…Regardless of the legitimacy of the WSJ's sources — and we should point out that the paper's business reporting is some of the most reliable in the world, so we're doubtful at the claim that the story is completely false — Musk and the board's extremely heated reaction to the reporting does paint a picture of a company in chaos.

The ironic thing is if they replaced this now-anchor-around-the-neck of Tesla, the stock would likely soar. As it is, it’s been languishing around 40% off its peak.
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Oh dear. Tesla quietly looking for a new CEO… - by pdq - 05-01-2025, 08:15 PM

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