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Former SolarCity CEO Lyndon Rive will leave Tesla


By Nichola Groom(Reuters) - SolarCity founder Lyndon Rive, who steered the dramatic growth of the biggest U.S. residential solar company before driving its sale to Tesla Inc , is leaving the electric vehicle maker in June, he said on Monday.In an interview, the former SolarCity chief executive said he wanted to start a new company next year and spend more time with his family. Rive had been serving as head of sales and services for Tesla's energy division since last year.Rive's responsibilities will be distributed among Tesla leadership, Tesla said.Tesla acquired SolarCity for $2.6 billion in ...

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First Published: Tue, May 16 2017. 05:06 IST