Tesla's chairwoman, Robyn Denholm, has publicly refuted claims that the company's board considered finding a replacement for CEO Elon Musk. Reports from The Wall Street Journal suggested that discussions about Musk's leadership were sparked by deteriorating sales and stock prices, leading unnamed board members to approach recruitment firms. However, Denholm stressed the board's confidence in Musk's ability to guide the company through its current challenges. The unfolding situation comes amidst a global backlash against Tesla, stemming from Musk's controversial decisions that have impacted the brand adversely.
Robyn Denholm called the Journal report 'absolutely false,' reaffirming the board's confidence in Elon Musk's leadership as Tesla faces significant sales challenges.
The Journal's report suggested Tesla's board sought a new CEO amidst a stock price plunge, but Denholm emphasized that Musk's role remained secure.
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