The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief executive who has been spending much of his time working for President Trump while the automaker’s sales and profits plummet.
Robyn Denholm, who has led the board for more than six years, said on X that the report in The Wall Street Journal was “absolutely false.”
“The CEO of Tesla is Elon Musk and the board is highly confident in his ability to continue executing on the exciting growth plan ahead,” Ms. Denholm said on Tesla’s account on X, the social media firm owned by Mr. Musk.