Tesla(US:TSLA) Sou Hu Cai Jing·2025-05-01 11:27Core Viewpoint - The Tesla board is reportedly considering finding a new CEO to replace Elon Musk, although this claim has been denied by Tesla's chairman, Robyn Denholm, who expressed confidence in Musk's abilities [1][3]. Financial Performance - Tesla's Q1 revenue decreased by 9% year-over-year, with automotive business revenue down by 20% and net profit plummeting by 71% [3]. Management Changes - Elon Musk announced plans to significantly reduce his time managing the government efficiency department starting in May, intending to dedicate more time to Tesla [3]. - Reports indicate that Musk is preparing to step down from his official role in the government efficiency department, with confirmation from White House Chief of Staff Susan Wiles that Musk is no longer physically present in the White House [3]. Board's Actions - The Tesla board has allegedly contacted multiple headhunting firms to explore potential successors for Musk [3].