About a month ago, Tesla's board started looking for a CEO to replace Elon Musk. 

Since that news broke in the WSJ tonight, Tesla stock dropped by another 4%. 

https://www.wsj.com/business/autos/tesla-musk-ceo-search-board-0ce61af9?mod=hp_lead_pos1

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That’s why I don’t trust my investment instinct. I’d have thought this would be bullish news for the stock

Lol this is the best thing for him. Wonder if he knows that. He must as he's so so smart.

Tesla stock at $259 after all this doge drama and CEO news… crazy! Executive order establishes doge changed everything. What’s Elon’s next move? 🤷🏽‍♂️

Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company.

This is absolutely false (and this was communicated to the media before the report was published). 

The CEO of Tesla is

Tesla

Looking like another f for WSJ https://x.com/tesla/status/1917812113315074055?s=46&t=nyR04MypYObEBtICytlYYg

It's an interesting spot for the board. Swap the CEO and potentially get a healthier core business, but likely tank the stock as it's trading at comically high P/E ratio based on Musk's comments alone...

Elon musk is their main investment.
Just joking 😃