Thursday, November 8, 2018

Tesla has found a new chairperson to replace Elon Musk

Tesla has appointed Robyn Denholm as the new chair of Tesla’s board of directors. The role was vacated after Elon Musk was forced to step down from the position over a dispute arising from his now infamous 420 tweet, in which he claimed to have secured funding to take Tesla private. The SEC sued Musk, calling his claim “false and misleading.” The executive later agreed to step down from the role and pay a fine of $20 million.

Commenting on the announcement Musk, who will remain CEO of the company, said:

Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company … I look forward to working even...

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