Tesla Chair Robyn Denholm denies reports of CEO search to replace Elon Musk, stock impact negative.

From Nasdaq: 2025-05-01 06:28:00

Tesla Inc. chair Robyn Denholm refutes reports of CEO Elon Musk replacement search. Shares fell 3% but gained 1% post-denial. Musk plans to reduce time with DOGE initiative to focus on Tesla. Musk spent $300 million on Trump campaign, causing brand damage to Tesla. Stock impacted by Musk’s ties to Trump.



Read more at Nasdaq: Tesla Chair Denies Report Of CEO Search To Replace Elon Musk