New Delhi, May 1 -- Tesla CEO Elon Musk on Thursday reacted to news reports claiming that the EV company has started searching for his successor. He called it an "extremely bad breach of ethics". Tesla took to X to refute these allegations and said it is "absolutely false", adding "the Board is highly confident in his ability to continue executing on the exciting growth plan ahead".

"It is an EXTREMELY BAD BREACH OF ETHICS that the @WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors!" Musk said.

"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 ...