Tesla is looking for an alternative to Elon Musk amid declining profits.

In the midst of a sharp decline in Tesla's results, its board of directors has begun active movements to search for a new CEO who may succeed Elon Musk, after his increasing focus on political matters in Washington raised concerns among investors. With Tesla's stock dropping by 3.38% and the company's first-quarter profits falling by 71%, tensions escalated within the leading electric car manufacturer, while Musk was preoccupied with his role in the U.S. government alongside President Donald Trump. In a previous meeting, the board members advised Musk to return actively and publicly declare his commitment to Tesla, which he did not oppose. President Trump publicly thanked Musk during a cabinet meeting, inviting him to stay in the government as long as he wished, but hinted that Musk intends to "return to his home and cars." Historically, Musk has played a pivotal role in Tesla for over two decades, despite stepping down as chairman in 2018. Today, the company seems to be on the verge of a crucial phase in its journey, with efforts to expand the board of directors, add an independent director, and hold reassurance meetings with major investors led by co-founder JB Straubel. All these movements reveal deep concerns about the company's future, but they may also pave the way for a new chapter in Tesla's history, either by Musk continuing in leadership or by a new vision taking over the company.