Tesla Board Opened Search for a CEO to Succeed Elon Musk [View all]
Source: WSJ
About a month ago, with Tesla’s stock sinking and some investors irritated about Elon Musk’s White House focus, Tesla’s board got serious about looking for Musk’s successor.
Board members reached out to several executive search firms to work on a formal process for finding Tesla’s next chief executive, according to people familiar with the discussions.
-snip-
Around that time, Tesla’s board met with Musk for an update. Board members told him he needed to spend more time on Tesla, according to people familiar with the meeting. And he needed to say so publicly.
-snip-
The board narrowed its focus to a major search firm, according to the people familiar with the discussions. The current status of the succession planning couldn’t be determined. It is also unclear if Musk, himself a Tesla board member, was aware of the effort, or if his pledge to spend more time at Tesla has affected succession planning. Musk didn’t respond to requests for comment.
-snip-
Read more: https://www.wsj.com/business/autos/tesla-musk-ceo-search-board-0ce61af9
Well, he's certainly aware of the search now, thanks to this WSJ article, which they label an exclusive.
= new reply since forum marked as read