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Tesla Chair Denies Report EV Maker Looking to Replace CEO Musk

1. Tesla chair denies board's search for Musk's replacement amid investor concerns. 2. Musk is reportedly too focused on his role in the Trump administration. 3. Denholm expresses confidence in Musk's leadership and future growth plans. 4. Tesla shares fell 30% this year, recovering slightly in premarket trading.

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FAQ

Why Bullish?

Denholm's support for Musk reassures investors. Similar scenarios like Apple's Cook controversy led to recovery.

How important is it?

The denial of CEO replacement signals stability, impacting investor confidence.

Why Short Term?

Reassurances from Denholm may stabilize TSLA shares in coming days.

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