Gwen Mak
Lead vs. Led

Recently, I've seen some confusion over the words 'lead' and 'led.' Confusingly, the first spelling has multiple pronunciations, which is what I think is causing the problem.
Let's take a look:
Lead
Pronunciation: /lēd/
rhymes with: weed, feed, seed, bead
Verb: 3rd person present tense meaning
to guide, command, or be in charge, [This CEO will lead our company into the next year.]
cause, [These clues lead me to believe that it was an accident.]
or have a certain way of being [You can't lead a true life without suffering. (Mahatma Ghandi)]
Noun:
being an example or in a place ahead of others, [The red team is in the lead with five points.]
a leash for pets, [Dogs should be kept on a lead.]
primary role in a movie [Chris Pine played the lead as Captain Kirk.]
Pronunciation: /led/
rhymes with: bed, fed, said, wed
Noun:
a metal that's the 82nd element on the periodic table, abbreviation Pb
the graphite in pencils
Led
Pronunciation: /led/
rhymes with: bed, fed, said, wed
Verb: past tense of lead [Our CEO led us to the best sales quarter in company history.]
So, you see 'lead' and 'led' are actually sometimes just different conjugations of the same verb. Lead is the present tense, led is the past tense.