Tesla looking to replace Elon Musk as CEO amid declining profits: WSJ

South African centibillionaire Elon Musk may soon be replaced as CEO of Tesla after nearly 20 years, according to a new report.

The Wall Street Journal reported Wednesday that the electric vehicle manufacturer’s board is planning to hire a third-party firm to assist it in its search for a new chief executive as the company seeks to bring its plummeting sales numbers up in the second quarter of…

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