Tesla Board Initiates Search for New CEO to Succeed Elon Musk

Tesla Board Initiates Search for New CEO to Succeed Elon Musk

Tesla’s board of directors has reportedly begun a search for a new chief executive officer to replace Elon Musk, according to a report by The Wall Street Journal. The move comes amid concerns over Musk’s divided focus, as he balances leadership of Tesla with significant involvement in the Trump administration’s Department of Government Efficiency (DOGE) … Read more

The Reasons Behind Tesla’s 71% Profit Plunge in Q1 2025

The Reasons Behind Tesla's 71% Profit Plunge in Q1 2025

Tesla, the world’s most valuable electric vehicle manufacturer, reported a staggering 71% drop in net profit for the first quarter of 2025, signaling a turbulent start to the year for the EV giant. The company’s net income fell to $409 million, down from $1.4 billion in the same period last year, marking its worst quarterly … Read more