Indian-origin Vaibhan Taneja has been named Tesla’s new Chief Financial Officer as the previous finance chief Zachary Kirkhorn announced his decision to step down, according to PTI report. Taneja, 45, was appointed Tesla CFO in addition to his current role as Chief Accounting Officer (CAO) of the US-based electric car major on Friday after Kirhorn,…
Tag: tesla
Prof. Dr Herbert Kohler, Ex-Tesla Board Member & Daimler VP, Joins Advisory Board of Elaphe
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•Prof. Dr Herbert Kohler, Ex-Tesla Board Member & Daimler VP, has joined Advisory Board of Elaphe. “Elaphe is honored to welcome to our team such a revolutionary contributor to the global e-mobility movement,” stated Gorazd Lampic, Elaphe CEO. Prof. Herbert Kohler started his career at Daimler as a Ph.D. student, worked his way up the…
Tesla India ropes in Chithra Thomas as Country HR Leader
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•Tesla India has appointed Chithra Thomas as Country HR Leader. Chithra has earlier worked at Walmart and Reliance Retail. Prior to this, Chithra was the Vice President and Head of HR- Reliance Online Initiative( AJIO), where she brought on board in a leadership role as the first employee to set up the e-Commerce B2B/B2C and…
Tesla will start operations in India next year: Nitin Gadkari
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•American electric-automobile manufacturer Tesla Inc will come to India early next year, country’s transport minister Nitin Gadkari told national daily the Indian Express on Monday. The electric-car maker will start with sales and then might look at assembly and manufacturing based on the response, the minister told the newspaper. “India is going to become a…
Tesla employees tested positive for coronavirus after Musk defies lockdown order to open California plant
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•Elon Musk has become controversy’s favorite child. The serial-entrepreneur has been in news during the coronavirus pandemic for many reasons, starting from calling Tesla’s stock price “very high” to taking American astronauts into space on a Falcon rocket. But this time, things have turned worse for the founder of Tesla Inc. Days after Musk defied…
Former Tesla executive’s electrical solutions startup Span raises $10mn
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•California-based smart electric panel company Span.io recently announced that it has raised $10.2million in Series A funding round. The funding round was led by ArcTern Ventures. The round also saw participation from Capricorn Investment Group, Incite Ventures, and a few existing investors. With the new funds, the company plans to meet the demand and scale…
Tesla names Hiromichi Mizuno as Director
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•Tesla Inc., a San-Francisco-based manufacturer of electric cars, announced it has appointed Hiromichi Mizuno to serve on the board and its audit committee. Prior to this role, Mizuno worked as executive managing director and chief investment officer of Japan’s Government Pension Investment Fund (GPIF), which manages $1.5 trillion in assets. Mizuno placed emphasis on “environmental…
Coronavirus Impact: Tesla to furlough workers, cut employee salaries
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•The novel coronavirus outbreak has put brakes on the global economy. The once highly interconnected world has now imposed travel bans and countries have gone into a lockdown. Businesses are closed and employees are now asked to work from home. But the remote working concept is only limited to certain kinds of jobs. The manufacturing…
Coronavirus: Elon Musk offers FDA-approved ventilators free of cost to hospitals
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•As the world battles with the coronavirus pandemic, several business leaders and organizations have come in support of the governments to help them combat the deadly virus effectively. Companies across the globe have pledged funds to government relief funds and are contributing in whichever manner possible for a faster containment of the virus. Extending support…
Tesla announces Robyn Denholm as its New Board Chair.
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•Tesla Inc. has named Robyn Denholm as chair of its board, replacing its founder Elon Musk, who agreed to step down from the post as part of a settlement with U.S. Securities and Exchange Commission. Earlier, The Securities and Exchange Commission (SEC) filed a suit in New York accusing Musk of fraud, alleging his fake tweets about the electric…
Tesla Inc. looses two key executives, chief people officer & chief of accounting.
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•Tesla Inc., is facing the exit of its two senior executives. The news of exit of these executives comes while we have been seeing the video of Elon Musk smoking marijuana during an interview. The interview was streamed live online. As per Bloomberg reports, Tesla’s Chief People Officer, Gaby Toledano, who had joined in May 2017…
Elon Musk scrapped from Tesla’s Chairman position by S.E.C over fake tweets.
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•Tesla and Elon Musk both have agreed to pay $20 million to financial regulators each and the billionaire will step down from the chair of Tesla for three years after reaching a deal with the US financial regulator over tweets he made about taking the firm into private ownership. Under the settlement, Musk would remain as…