You are here: Home » International » News » Companies
Business Standard

Telstra executive Robyn Denholm to replace Elon Musk as Tesla chairman

The appointment of Denholm caps months of turbulence for the company and its stock


Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chair, more than a month after the billionaire had to step down as the electric-car maker's chairman as part of a settlement with U.S. regulators. Tesla had until Nov. 13 to name an independent board chairman under the settlement with the U.S. Securities and Exchange Commission, which said Musk's tweets about taking the company private were fraudulent and that the billionaire could retain his role as CEO but should quit as chairman. Musk said in August he was considering taking Tesla private in a $420 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, November 08 2018. 13:27 IST