To The Moon

Several weeks ago, Tesla's 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. 'That happens in casual conversation all the time," Sorkin said."I imagine did happen, but not in any kind of official way," the anchor stated.Disclosure: None. This article is originally published at Insider Monkey

Ratings actions from Benzinga: https://www.benzinga.com/quote/PLTR/analyst-ratings (END) Dow Jones Newswires April 29, 2025 12:59 ET (16:59 GMT)

Super Micro Computer Inc. tumbled in late trading after giving preliminary results that fell well short of analysts’ estimates, a sign its comeback plan has been slow to gain traction.Sales were $4.5

Hong Kong (CNN)— Chinese leader Xi Jinping has not spoken to US President Donald Trump on the phone recently, Beijing said Monday, reiterating that no talks are taking place between the two countries

Tesla stock was rising Friday after the Federal Government moved a step closer to putting more self-driving cars on U.S. roads.Shares of the electric-vehicle maker were up 4% in early trading.Transpor