Tesla board looked for new CEO as Musk focused on White House, WSJ reports
The current status of the board's push, which, according to the report, was sparked by Musk's heavy involvement with the Trump administration, could not be determined, WSJ said. Musk last week said he would cut back significantly on the time he devotes to the Trump administration and spend more time running Tesla. Musk's work at his Department of Government Efficiency (DOGE), where he has led efforts to cut federal jobs, has been one of the most controversial aspects of the Trump presidency, and his time away from Tesla has been an additional concern for investors as sales of its aging EV lineup have been on the decline.