Elon Musk denies reports of Tesla board seeking replacement, criticizes Wall Street Journal for unethical reporting. Board expresses confidence in Musk. Financial challenges evident in disappointing first quarter results. Musk criticized for prioritizing work for Trump administration over running Tesla.
Key Points
Elon Musk vehemently denies reports of Tesla board seeking his replacement.
Board expresses confidence in Musk's ability to lead.
Tesla faces financial challenges following disappointing first quarter results.
Musk criticized for prioritizing work for Trump administration over running Tesla.
Pros
Musk's strong denial may reassure investors and supporters of Tesla.
Board's confidence in Musk's leadership is reaffirmed.
Cons
Financial challenges evident in Tesla's disappointing first quarter results.
Speculation and controversy surrounding Tesla's board members.