Nagelsmann was working at Bayern Munich and they got him fired from the team because of the bad relationship he had in the team with some players including Manuel Neuer and the bad performance he had, that's why Tuchel got his place in Bayern Munich got he couldn't have a good performance and failed to get the results they wanted to see which made Bayern Munich in the situation to even be close to losing the Bundesliga title after years of the winning this trophy, that's why Bayern Munich is thinking about another coach to take the place of Tuchel in the team.
Now their former coach Nagelsmann is working for the German national team, They asked him if he would return to Bayern Munich and start working there again, however, Nagelsmann didn't reject anything but he said everything possible.
https://dailysports.net/news/everything-is-possible-bayern-munich-ceo-on-the-possible-return-of-his-former-coach/It seems like Nagelsmann is still keeping the door open if Bayern Munich are interested in recruiting him again, but as a big team it would be a shame after expelling the coach last season. Maybe if Bayern Munich have no shame they will try to contact Nagelsmann after his work at Euro 2024 with Germany ends. However, it is possible that Bayern Munich could look for other coaching options and I think that could still happen rather than having to return to their former coach.