A Wall Avenue Journal article launched on Could 1, 2025, created a stir within the electrical automobile (EV) sector by claiming that Tesla’s board was reportedly contemplating changing CEO Elon Musk.
Unnamed sources cited within the report indicated that some board members have been uneasy about Musk’s growing curiosity in politics, notably his connections to former U.S. President Donald Trump, together with Tesla’s latest challenges, equivalent to declining gross sales and inventory fluctuations.
The response was swift.
Robyn Denholm, chair of Tesla’s board, firmly denied the report on X (previously Twitter), describing it as “completely false” and reaffirming confidence in Musk’s management. In a subsequent put up, Elon Musk known as the article a “intentionally false article” and criticized the Journal for failing to incorporate Tesla’s denial in its protection.
Musk acknowledged, “The WSJ intentionally didn’t embrace our full on-the-record denial earlier than publishing. Typical hit piece.”
Regardless of this fast dismissal, the article sparked renewed discussions about Musk’s capability to handle a number of high-profile corporations—Tesla, SpaceX, Neuralink, and X, amongst others.
The timing of the report can also be important. In 2025, Tesla has confronted mounting strain as a result of intensified EV competitors, value reductions, and softening demand in sure markets. Traders have begun to query whether or not Musk’s focus is simply too divided and if a change in management is perhaps essential.
For the second, nonetheless, Tesla maintains that Elon Musk will stay on the helm.
Whatever the validity of the Journal’s claims, this case serves as a reminder of the appreciable scrutiny Musk—and Tesla—proceed to face. Within the quickly evolving EV panorama, such headlines can have fast penalties. But, for now, Musk’s management at Tesla appears as stable as ever.
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