Tesla board opened search for a CEO to succeed Elon Musk

Tesla board members about a month ago reached out to several executive search firms to find a successor for CEO Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. The current status of the board’s push, which, according to the report, was sparked by Musk’s heavy involvement with the Trump administration, could not be determined, WSJ said.

Musk last week said he would cut back significantly the time he devotes to the Trump administration and spend more time running his many companies.

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