Tesla's board has begun the process of finding a new CEO to replace Elon Musk since March after its stock plunged 45% and its first-quarter profit plunged 71%. Musk was busy with his work in the White House, and the situation was tense as sales plunged and the brand image suffered amid the US-China trade war.
Today (May 1, 2025), CNN reported the news, citing a report from the Wall Street Journal that on Wednesday night, US time, citing an anonymous source, TESLA's board of directors contacted several executive search companies since March 2025 to begin the process of finding a new CEO to replace Elon Musk, the leader of the electric car company that is facing crisis. สล็อต เว็บตรง