Prominent Tesla investor Ross Gerber reacts to a Wall Street Journal report that Tesla’s board in March contacted multiple executive placement firms to begin a search process for a new CEO to replace Elon Musk.

You can get in touch with James by emailing j.bickerton@newsweek.com Elon Musk has responded to a report from the Wall Street Journal that the Tesla board was seeking to replace him as CEO, calling it a "deliberately false article.

Tesla has denied reports that it has contacted recruitment firms to launch a search for a replacement for Elon Musk as chief executive. The Wall Street Journal reported on Wednesday that the electric car firm's board began looking for a successor to Mr Musk last month.