Tesla Motors Chairman Robin Denhom has dismissed media reports outright that the company is looking for a new CEO in place of Allen Musk. Denhom has described these reports as ‘absolutely false’ and ‘misinformation’.
Board has full confidence in Musk & nbsp;
however, Robin Denhom rejected this report social media platform & lsquo; x & rsquo; But clearly said that the Tesla Board never searched for a new CEO nor was contacted with any recruitment agency. He said, ‘This is completely wrong (and the media was given this information before the report was published). Alan Musk is the CEO of Tesla and the board has full confidence in his leadership ability. ‘
Allen Musk also reacted to this, writing,’ WSJ defams journalism. Profits saw a decline in both. Tesla’s total income fell 9% to $ 19.34 billion compared to the previous year, while the net profit declined by 71% to $ 409 million.
The company has attributed the upgrade to its manufacturing plants behind this decline, so that the new model Y SUV can be prepared. Musk said that he will soon give his most time to Tesla. After this, the company’s shares again rose.
Tesla has not given any estimate about this year’s growth and said that the 2025 outlook will be considered in the second quarter.