Tesla board opened search for CEO to succeed Elon Musk: WSJ


By Xia Lin

NEW YORK, May 1 (Xinhua) -- About a month ago, with Tesla's stock sinking and some investors irritated about Elon Musk's White House focus, Tesla's board got serious about looking for Musk's successor, reported The Wall Street Journal (WSJ) on Thursday.

Board members reached out to several executive search firms to work on a formal process for finding Tesla's next chief executive, while tensions had been mounting at the company with sales and profits deteriorating rapidly, said the report.

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