About a month ago , the board members of Tesla reached out to several executive search firms to find a successor for CEO Elon Musk. The current status of the board’s push, which, according to the report, was sparked by Musk’s heavy involvement with the Trump administration, could not be determined. Musk last week said he would cut back significantly the time he devotes to the Trump administration and spend more time running his many companies. That follows widespread investor criticism for his work at the Department of Government Efficiency (DOGE), where he has led efforts to cut federal jobs, while sales of Tesla’s aging EV lineup have been on the decline. His embrace of far-right politics in Europe has also led to protests against Musk and the company as well as vandalism at its showrooms and charging stations across the U.S. and Europe The board members met Musk and asked him to acknowledge publicly that he would spend more time at Tesla, the report said. But it was unclear if Musk – also a member of the board – was aware of succession planning, or if his pledge to spend more time at Tesla has affected the efforts, the report added. However, Tesla and Musk did not immediately respond to requests for comment. Read also: Tesla sales plunges in Europe despite rebound in electric car demand Post navigation Brazil creates fewer-than-expected formal jobs in March US Senate rejects bill to rein in Trump tariffs as economy contracts
