Tesla Board Considers Replacing Elon Musk as CEO After 130 Days of Missteps and Failure on DOGE.

Tesla Board Considers Replacing Elon Musk as CEO After 130 Days of Missteps and Failure on DOGE.

(The Americas – Politics)

As it trends.

Critics of Elon Musk on social media are invoking the well-known phrase, “Anything Trump touches dies,” as his involvement in the White House DOGE oversight and administrative role comes to an end.

Reports indicate that Tesla’s board is considering candidates to replace Musk as CEO due to concerns about his divided focus and political connections, including ties to Trump and DOGE.

Detractors emphasize DOGE’s failure to address fraud or fulfill its promise of reducing waste and abuse.

Musk’s governmental roles, especially his proximity to Trump, have triggered protests and boycotts, damaging Tesla’s reputation.

The company’s stock has sharply declined, with profits plummeting by 71% in the first quarter.

Critics argue Musk’s leadership style and political affiliations have eroded investor confidence.

While many consumers still view Musk as a visionary, Tesla’s future may depend on appointing a leader who can rebuild trust and stabilize operations.

The board’s decision could significantly reshape Tesla’s trajectory in the competitive electric vehicle market.

Yetunde B reports for Yeyetunde’s  Blog.