Tesla (TSLA) Board Members Likely Held Unofficial Talks About Replacing Musk, CNBC Anchor Says

Several weeks ago, Tesla’s (TSLA) board members “were concerned” about CEO Elon Musk failing to devote enough time to the automaker, CNBC anchor Andrew Ross Sorkin reported recently. Moreover, many owners of TSLA stock were worried about the issue, he said.

Sorkin, who’s also a business news columnist for The New York Times, stated that, although he does not believe that the board formally contacted an executive search firm about replacing Musk, board members probably had informal talks with search firms about the matter.

The Wall Street Journal reported that the board had held talks in March with search firms in an effort to replace Musk, who called the article “deliberately false.”

Informal Discussions About Replacing Musk Were Likely Held, Sorkin Says

“Do I….believe there were search firm executives who may have contacted (Tesla) board members or board members who are friends with search firm (employees) who said, ‘At some point we may need (you)? ‘That happens in casual conversation all the time,” Sorkin said.

“I imagine (some kind of informal talks about replacing Musk) did happen, but not in any kind of official way,” the anchor stated.

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Disclosure: None. This article is originally published at Insider Monkey