Following a Wall Street Journal report claiming Tesla’s board was moving to remove Elon Musk as CEO, board chair Robyn Denholm publicly branded the allegations absolutely false. Speculation along these lines has circulated for some time, particularly as Musk’s attention has been pulled in many directions.
The firm denial aims to quash the rumors and reassure investors about leadership stability. Whether the chatter fully subsides remains to be seen, but the board has made its official position unmistakably clear.
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