Wsj: Tesla board seeks new CEO to replace Elon Musk. The company denies it

Tesla's board of directors has reportedly begun confidential talks with a number of companies specialising in executive selection to explore the possibility of a change at the top. According to the Wall Street Journal (Wsj), the process is still in its infancy, but is linked to growing dissatisfaction with the group's recent financial results and Elon Musk's gradual disengagement.

Tesla has categorically denied the rumours. The chairman of the board, Robyn Denholm, called the reconstructions circulating in the media 'absolutely false', pointing out that Musk remains firmly at the helm of the company and enjoys the full confidence of the board.

The patron himself thundered on social media against the newspaper, accusing it of publishing false information while ignoring a denial that, according to him, had been provided earlier. 'A serious breach of ethics,' he wrote on X, the platform he heads.

For its part, the WSJ points out that it is not clear whether the initiative to search for a new CEO is shared by the entire board or only a few members. Currently, the board has eight members, including Musk himself, his brother Kimbal and James Murdoch.

Musk, meanwhile, wanted to reassure investors: as of 30 May he will leave his role in the Department of Government Efficiency (DGE) to return to focus on Tesla. This is a long-awaited decision, given his simultaneous management of several companies - including SpaceX and X itself - which has been fuelling fears about an excessive dispersal of energy for months.