Tesla Board Confirms Elon Musk's Continued Leadership Amid CEO Succession Rumors

According to Odaily, Tesla's Chairman has affirmed that Elon Musk remains the company's Chief Executive Officer, expressing full confidence in his ability to execute future growth plans. The board has dismissed media reports suggesting they have engaged a headhunting firm to find a new CEO as "completely false." Previously, there were claims that Tesla's board had initiated a process to find a successor for Musk, leading to a temporary 3% drop in Tesla's stock during after-hours trading.