· 01:19
Welcome to today’s podcast, where we dive into the latest buzz from the world of tech and business.
It seems Elon Musk is experiencing quite a storm after a report by the Wall Street Journal suggested that Tesla's board is considering replacing him as CEO. The report stated that the board had reached out to executive search firms to explore potential replacements, a move that raised eyebrows and sparked Musk's fiery response. He took to X, formerly known as Twitter, to express his outrage, calling the reporting a "DELIBERATELY FALSE ARTICLE" and criticizing the Journal for not including a denial from Tesla beforehand.
Tesla’s chair, Robyn Denholm, backed Musk, declaring the report “absolutely false” and reaffirming the board's confidence in him. Despite the denial, it’s worth noting that Musk's recent leadership has come under scrutiny, especially as he juggles responsibilities with the controversial DOGE initiative, which has faced backlash and contributed to a reported 70% drop in Tesla's profits.
As the situation develops, one thing is clear: tensions are high in the boardroom, and Musk is ready to fight back against what he perceives as unethical journalism. Stay tuned for more updates on this unfolding story.
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