The “The Big Money Show” panelist responds to Elon Musk’s recent announcement regarding his involvement in government efficiency.
Elon Musk And Tesla is pushing back reports that the company has begun searching for its next CEO, calling it “absolutely false” and “a very bad ethics violation.”
Wall Street journal On Wednesday night, Tesla’s board members contacted many executive search companies a month ago and reported that they had worked on a formal process to find a successor to Mask.
It attributed development to those familiar with discussion and pointed out that it happened. Tesla The stocks have sunk, and some investors have been frustrated by the role of masks in the Department of Government Efficiency (DOGE).
According to the report, the board ultimately focused on one top search company. Tesla’s board of directors met with Musk around that time, telling him he needs to spend more on the company and say that much publicly – he didn’t back down, the Wall Street Journal said, citing people familiar with the conference.
However, Robin Denholm, chairman of Tesla’s board, wrote this morning in X, “Tesla’s CEO is Elon Musk, and the board is extremely confident in its ability to continue to execute with its exciting growth plans ahead.”
Tesla revenue is short. Elon Musk says Doge Time will be “a massive drop”
Tesla CEO Elon Musk wears a hat with the word “American Bay” when he attends the Cabinet meeting held by President Donald Trump at the White House on Wednesday, April 30th. (Reuters/Evelyn Hockstein/Reuters)
“Today, there were media reports incorrectly claiming that the Tesla Committee had contacted recruiters to start a CEO search in the company,” she writes about X, a platform that also owns masks.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 282.16 | -9.87 |
-3.38% |
“This is absolutely wrong (and this was communicated to the media before the report was released,” she continued.
Elon Musk predicts that robots will shine even the best surgeons within five years
Tesla CEOs Elon Musk and President Donald Trump will speak to media members on March 11, watching Tesla vehicles on the South Lawn of the White House in Washington, D.C. (Samuel Corum/Sipa/Bloomberg via Getty Images)
Musk himself said, “It is a very bad ethical violation that the WSJ intentionally publishes false articles and fails to include any clear denials by the Tesla Board in advance!”
“WSJ is discrediting journalism,” he added in a follow-up post.
last week, Tesla The revenue release revealed that it generated $139.7 billion in car revenue in the first three months of 2025, down nearly 20% from the same period last year.
Elon Musk will leave after a luncheon with members of the Senate Republican Conference on March 5th at Capitol Hill, Washington, DC. (Reuters/Kent Nishimura/Reuters)
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During the revenue call, Musk said “time allocation to Doge will be significantly reduced.”
Aislinn Murphy of Fox Business contributed to this report.
