(May 1, 2025 at 10:04 am)Thumpalumpacus Wrote:Quote:Robyn Denholm, the chair of Tesla, Inc., pushed back on reports that the electric vehicle (EV) giant’s board members have launched a search for a new chief executive to succeed CEO Elon Musk — a key adviser to President Trump and his efforts to revamp the federal government.
Denholm’s defense came after the Wall Street Journal reported Wednesday night that Tesla contacted several executive search firms to begin a search for a new leader, citing people familiar with the discussions.
The Journal reported that the company’s board met with Musk recently and suggested that he should be more present at the company, adding that the tech billionaire did not object.
“Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company,” Denholm wrote on social media platform X shortly after midnight Wednesday. “This is absolutely false (and this was communicated to the media before the report was published).
“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,” she added.
https://thehill.com/policy/technology/52...nt-rumors/
Denholm’s comments are known in the business world as ‘keeping the shareholders from panicking’.
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
