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Tesla board members have now reportedly started a new search to replace Elon Musk at the company. At this time, it is not known who the candidates are, and whether it will continue in full. The search is said to have been initiated due to Elon Musk's involvement in the US government administration under Donald Trump.
Last week, Elon Musk announced that he would reduce his involvement in the Trump administration, and focus more on Tesla. It is likely that this step was taken to ensure that Elon Musk continues to hold the CEO position and is not replaced.
Tesla itself is now seen to be facing its own challenges, including in terms of market share and competition with various other electric vehicle manufacturers. In addition, it is also still unknown how and to what extent the tariffs will impact Tesla in the future.