Elon Musk has picked a successor as Tesla CEO: Here are the top candidates for the top job

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Audi spokesperson Whaewon Choi-Wiles told The Associated Press on Thursday that the company "will continue to evaluate the situation."

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Elon Musk has chosen a successor at Tesla, the $600 billion electric vehicle carmaker intimately connected with the serial entrepreneur

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Officially CEO since mid-2008, but by his own words effectively running Tesla

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he invested in the company back in 2004, Musk appears to have reached a decision this year

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who must one day fill his considerable shoes.

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Board director James Murdoch, son of the Australian media tycoon Rupert Murdoch

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old the Delaware Court of Chancery there was in fact a name, upon which Musk had settled on.

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“He actually has,” he said while taking the stand as co-defendant

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Murdoch added this happened in the "last few months", but did not provide further details.

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Just how formalized a decision it is remains unclear, as is whether the board has granted its consent.

Audi spokesperson Whaewon Choi-Wiles told The Associated Press on Thursday that the company "will continue to evaluate the situation."