Elon Musk denies being replaced by James Murdoch as Tesla chairman

Elon Musk denied he'll be replaced by James Murdoch as Tesla's chairman, an alleged shakeup that was the subject of rumors on Wednesday. Murdoch, who's due to end his stint as 21st Century Fox's CEO, was named in a Financial Times report as the lead candidate to succeed Musk, according to two sources who spoke with the newspaper. SEE ALSO: SpaceX lands its first rocket on West Coast ground Musk remarked simply that the report was "incorrect" on Twitter. This is incorrect — Elon Musk (@elonmusk) October 10, 2018 The younger son of media mogul Rupert, Murdoch also serves as a director on Tesla's board, where he has done so since 2017. Read more...More about Business, Transportation, Tesla, Elon Musk, and Big Tech Companies

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