EXCLUSIVE: With profits and the stock price sinking, board members told Musk he needed to spend more time at the company.

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With profits and the stock price sinking, board members told Musk he needed to spend more time at the company.

Autos

Reporter

Tesla’s

 stock sinking and some investors irritated about 

 White House focus, Tesla’s board got serious about looking for Musk’s successor. 

Board members reached out to several executive search firms to work on a formal process for finding Tesla’s next chief executive, according to people familiar with the discussions. 

Tesla Board Opened Search for a CEO to Succeed Elon Musk

With profits and stock price sinking, board members told Musk he needed to spend more time at company

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Patel, who marks the hedge fund’s latest hire, will be based in its London office

By Emily Glazer, Becky Peterson and Dana Mattioli

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The federal judge hammered Apple for violating a ruling over restrictions in its App Store. The case was referred to federal prosecutors for a criminal contempt investigation.

Apple Violated Antitrust Ruling, Judge Finds

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