Tesla Motors Chairman Robin Denhom has dismissed media reviews outright that the corporate is on the lookout for a brand new CEO instead of Allen Musk. Denhom has described these reviews as ‘completely false’ and ‘misinformation’.
Board has full confidence in Musk & nbsp;
nonetheless, Robin Denhom rejected this report social media platform & lsquo; x & rsquo; However clearly stated that the Tesla Board by no means looked for a brand new CEO nor was contacted with any recruitment company. He stated, ‘That is fully unsuitable (and the media was given this data earlier than the report was revealed). Alan Musk is the CEO of Tesla and the board has full confidence in his management skill. ‘
Allen Musk additionally reacted to this, writing,’ WSJ defams journalism. Income noticed a decline in each. Tesla’s complete revenue fell 9% to $ 19.34 billion in comparison with the earlier yr, whereas the web revenue declined by 71% to $ 409 million.
The corporate has attributed the improve to its manufacturing crops behind this decline, in order that the brand new mannequin Y SUV might be ready. Musk stated that he’ll quickly give his most time to Tesla. After this, the corporate’s shares once more rose.
Tesla has not given any estimate about this yr’s progress and stated that the 2025 outlook can be thought of within the second quarter.