Tesla’s board reportedly sought a successor while Musk wheeled around Washington

According to Novi, the breeding of eyebrows WSJ ReportThe Tesla Committee quietly began to look for the potential successor to Elon Musk about a month ago, approaching the searching companies as the car manufacturer faced protests, fell for sale and reduced profit while Musk flew to Washington to reduce state consumption.

The members of the Committee allegedly met with a male to express their concerns about his divided attention, telling him that he should spend more time on Tesla and to publicly commit to it; According to a journal report, Musk did not push himself and then told the investors that he would “assign far more time Tesla” starting from May.

The man’s Government’s work has led to the first annual fall of Teslina in more than a decade; The brand image among some consumers is also stunned because of its political harmonization. The influence was fast and angry: Tesla’s market value fell with $ 1.5 trillion in December to about $ 900 billion.

Despite these challenges, Musk sounded optimistic about Tesla’s future during last week’s invitation of earnings, where the company informed about a drop of 71% and a 9% drop in revenue. “We are not on the hem of death,” Muda investors assured, “even near.”

The current status of succession planning remains unclear, according to the magazine, which adds that it is not clear if Musk was aware of the effort.