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The Independent UK
The Independent UK
Joe Sommerlad

Elon Musk and Tesla chair deny board is looking for new CEO despite profits plunge

Elon Musk and Tesla Chair Robyn Denholm have reacted angrily to a report the electric car manufacturer is headhunting for a new CEO to replace the world’s richest man.

On Wednesday The Wall Street Journal suggested Tesla reached out to executive search firms a month ago following a drastic drop in profits, to get the ball rolling on a successor.

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