Tesla denies report that its board planned to replace Musk

Business

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BUSINESS
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From the show
Business

Tesla chair Robyn Denholm has denied a Wall Street Journal report that the board had started looking for a new CEO to replace Elon Musk. It comes as Musk is stepping back from his position running DOGE this month. Meanwhile, more than 250 Labour Day demonstrations have been taking place around France. Plus, McDonald’s suffers its biggest drop in US sales since the Covid-19 pandemic.