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Electric carmaker Tesla Inc said Robyn Denholm, currently CFO at Australian telecom operator Telstra Corp., will replace Elon Musk as its chair.
Denholm will leave her role as CFO and head of strategy of Telstra once her six-month notice period is complete, Tesla said http://bit.ly/2D92OGf late on Wednesday.
Tesla said Denholm will be serving as Tesla flesh on a full-time basis.
She will be appointed Chair of Tesla's Audit Committee until she leaves Telstra, the company said.
Tesla weathered a rocky few months in the wake of Musk's tweets that he had "funding secured" for a deal, later scuttled, to take Tesla private. Musk and Tesla settled with the US SEC in September after the agency sued for fraud.
The settlement required Tesla and Musk to pay a fine $ 20 million each.
Tesla seeks to reduce tariff impact
Tesla Inc said on Friday that is developing plans to start producing 3,000 models in the first phase of its operations. in China have been, and will likely continue to be, hurt by recently increased tariffs imposed by the Chinese government on US-manufactured vehicles.The electric carmaker said it continues to push to increase Model 3 production to about 10,000 units per week. Expansion to increase its production rate at 7,000 units per week at its Fremont, California factory.China is the largest market for electric vehicles, and most forecasters predict that it will grow faster. to the goal of 100-percent electric vehicles by 2030. US oil sanctions on Iran threatening 'paralyzed' economyChina promises Pakistan support as Khan tells of 'very di fficult 'economyChina says Xi-Trump call was quite positive
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