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

techcrunch.comPublished: 5/1/2025

Summary

As concerns mount over Elon Musk stepping down as Tesla CEO amid protests, declining sales, and shrinking profits, the company’s board reportedly began exploring potential successors last month, despite Musk's government spending cuts harming its image. While Robyn Denholm dismissed claims of recruitment efforts, she acknowledged the information had been shared beforehand. Meanwhile, Muskoptimistically told investors Tesla would "allocate far more time to Tesla" starting in May and expressed anger over what he called a "bad breach of ethics." The successor search remains unclear, with questions about whether Musk was even aware of the effort.