Tesla’s chair Robyn Denholm has rejected a Wall Street Journal report that the company’s board has begun a search process for ...

The Wall Street Journal reported the car company’s board of directors initiated a search for Musk’s successor, which both Musk and Tesla denied Thursday.

After spending nearly three months at the helm of US President Donald Trump’s Doge, Elon Musk is stepping back from his role. While Tesla chief is scaling down his work, he is not entirely quitting.

The bombshell news suggests the Tesla CEO's public image and the company's sliding fortunes are forcing tough conversations.

In recent months, Musk has expressed to a confidant that he no longer wants to be CEO of Tesla, that person told the Journal.