Tesla Robyn Denholm president denied a report on Wall Street Journal claiming that the company’s board of directors has approached the executive research companies to find an alternative to Elon Musk CEO.
Dunholm described an “completely false” article, stressing that the board of directors is still “very confident” in the leadership of Musk as the company continues to implement its growth plans. Musk also rejected the report as a “deliberate mistake” on social media.
The article of the Wall Street Journal, noting that anonymous sources have reached the Tesla Board of Directors of many executive research companies a month ago in search of a new executive director. The report added that the council’s increasing concerns were linked to the mobile MUSK concentration away from the Tesla Core Electric Oper (EV).
Instead of focusing on the company’s promise to provide an affordable EV platform, Musk wandered towards taxis without driver and robots, and put Tesla as a leader in artificial intelligence and robots instead of just electric cars.
Despite the innovation of Tesla in artificial intelligence and robots, the company’s shares faced significant pressure, with a sharp decrease in EV sales in the United States and Europe. This has doubled from a violent reaction against the political affiliation of musk and the increasing competition from the new EV models.
Musk’s participation in the Trump administration, especially its efforts to simplify federal workers through the Ministry of Governmental efficiency, has also criticized. His time has sparked out of Tesla fears between investors, especially since sales of EV models in Tesla in Tesla have decreased.
However, Musk adhered to reduce his time in management to focus more on Tesla operations.
In response to the research reported by the new CEO, Musk met with members of the Board of Directors, and according to what was reported, he admitted the need to devote more time to Tasla. Despite these efforts, Tesla shares continued to face fluctuations, with a significant decrease in sales in France and Denmark in April.
Tesla Board of Directors, which includes the brother of Musk Kimbal Musk and the executive director of the media, James Murdoch, is subject to scrutiny because of his rule and the leadership of musk. The company’s efforts to add an independent manager to the Board of Directors are part of a continuous attempt to address governance concerns.
Dunholm, chosen by Musk, defended her salary package amid criticism for her compensation and potential impact on her role in supervision.
Despite the challenges, Tesla shares have witnessed a slight increase in pre -market trading on Thursday, partially driven by organizational developments that reduce the rules of independent vehicle testing, providing some positive momentum to the company.
