Musk called the WSJ article about searching for his replacement as CEO of Tesla a lie

American businessman Elon Musk commented on The Wall Street Journal (WSJ) article stating that Tesla is looking for his replacement as CEO. Mr. Musk described this information as deliberately false. The company itself also did not confirm the WSJ’s information.

“It is a gross violation of ethics for WSJ to publish a deliberately false article and not include a clear rebuttal from Tesla’s board of directors!” — Mr. Musk wrote on his account on the social network X. He added that WSJ “discredits journalism.”

Tesla also called the publication “erroneous.” “This is absolute lies (and this was reported to the media before the publication of the report). The CEO of Tesla is Elon Musk, and the board of directors is fully confident in his ability to continue implementing the company’s growth plan,” said a statement from Tesla Chair Robyn Denholm.

WSJ’s publication referred to unnamed sources. According to them, Tesla’s management reportedly began considering a search for Elon Musk’s successor about a month ago. This decision was allegedly made after a decline in the company’s shares and due to the irritation of some investors regarding Mr. Musk’s focus on work in the White House. Since January, he has been heading the Office of Management and Budget at the direction of President Donald Trump.