Friday , June 9 2023

Musk will cease to lead Tesla's advice, but will remain as CEO


Elon Musk will no longer be President of the Tesla Council, but will remain as its CEO, the company reported on Thursday with a statement posted on the website.

Robins Denholms will replace Muscovy at the board of directors, is still the director of Telstra's Finance and Strategy Telstra's largest telecommunications company in Australia.

"To make her pay attention to Tesla's role, Robin resigns from Telstra, the largest telecommunications company in Australia, director of finance and strategy," said the statement.

However, the changes will not be immediate as Denhool is expected to leave his post at the Australian company within six months.

This CEO is somehow extraneous, but unknown to electric car makers, since Tesla's board has been an independent director since 2014.

"Robyn has extensive experience in technology and the automotive industry and over the past four years he has become a major contributor to Tesla's board member to help us become a profitable company," Musk said.

The board has run several technology companies in Australia and Silicon Valley, including Telstra, Juniper Networks and Sun Microsystems.

He has been given leadership to the team, which has led to a significant increase in Juniper's income, and to monitor the corporate transformation of this technology over nine years as a finance and operations director. His experience also includes many financial management roles in the automotive industry, such as Toyota.

"I believe in this company (Tesla), I believe in my mission, and I hope we will help Elon and the Tesla team achieve sustainable returns and increase the value of long-term shareholders," Robin said.

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