After Elon Musk last month announced he is stepping back from his role with the Department of Government Efficiency so he can focus on his businesses, Tesla is denying a report it is seeking to replace Musk as CEO.
Tesla reported a steep drop in earnings last quarter, but the electric automaker said in a social media post that a Wall Street Journal report saying its board was trying to replace Musk as chief executive is “absolutely false.”
Bob Redell has more in the video above.
Source: NBC Bay Area
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