<ul><li>Tesla denied a report claiming that its board was seeking to replace Elon Musk as CEO, expressing confidence in his ability to lead the company.</li><li>The denial came in response to a Wall Street Journal story stating that board members had contacted headhunters about finding a successor for Musk amid concerns over falling profits and his political activities.</li><li>Elon Musk's involvement in political activities and his government role have faced backlash, leading to a drop in Tesla's sales and stock value.</li><li>Musk criticized the Wall Street Journal report, calling it an 'EXTREMELY BAD BREACH OF ETHICS' for publishing false information without a denial from the Tesla board.</li></ul>

Tesla denies report claiming board looked to replace Elon Musk

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