Tesla Begins Search For Next CEO Amid Elon Musk’s Political Focus

While the current status of the board’s succession efforts remains unclear, the report suggests the initiative was prompted by fears that Musk's external commitments are detracting from his leadership

Musk’s public alignment with far-right movements in Europe has also sparked backlash

Source : X/@BRICSinfo

Tesla’s board of directors has reportedly initiated confidential discussions with executive search firms to explore potential successors for CEO Elon Musk, according to a report by The Wall Street Journal, citing sources familiar with the matter. The outreach, which began about a month ago, comes as concerns mount over Musk's deepening involvement in political affairs, particularly his advisory role within the Trump administration.

While the current status of the board’s succession efforts remains unclear, the report suggests the initiative was prompted by fears that Musk's external commitments are detracting from his leadership at Tesla. The company has recently faced several challenges, including declining sales of its electric vehicle lineup and increased scrutiny over Musk’s controversial political activities in the United States and Europe.

Elon Musk's Role At DOGE

Investor frustration has been building, particularly over Musk's role at the Department of Government Efficiency (DOGE), a federal initiative aimed at reducing government jobs. Critics argue that his participation in the initiative has distracted him from pressing operational issues at Tesla, where the company is grappling with an aging product portfolio and rising competition in the EV market.

Adding to the turmoil, Musk’s public alignment with far-right movements in Europe has sparked backlash, leading to protests and incidents of vandalism targeting Tesla facilities in both the US and abroad.

In response to growing pressure, Musk recently stated he would significantly scale back his political involvement and recommit to managing his various companies, including Tesla. According to WSJ, Tesla board members held direct conversations with Musk, urging him to make a public commitment to spending more time at the company.

However, it remains uncertain whether Musk, who also sits on Tesla’s board, was aware of the succession talks or if his recent promise to refocus on Tesla has altered the board's plans. Neither Tesla nor Musk have issued a public statement regarding the report.