Reference News Network September 22 reported that according to people familiar with the situation, although Elon Musk tried to control the loss of senior executives Tesla, but the company has a vice president resigned.
Liam O'Connor, vice president of global supply management, has resigned from his position at the electric car manufacturer, the person familiar with the matter said Sept. 20, according to Bloomberg News website. Tesla representatives did not immediately respond to requests for comment. The company's share price fell in after hours trading.
It was reported that O'Connor, who left Apple (217.66, 2.37, 1.08%) in March 2015 to join Tesla, was at least the fifth senior executive to leave Tesla in a few weeks. The company's chief accounting officer and head of human resources and communications department have left this month. Justin Mcanil, vice president of the company's global financial operations, will also be leaving in early October.
The report also said that the resignation of senior executives made investors uneasy because it coincided with a series of mistakes made by 47-year-old Musk. Tesla is facing investigations by the U.S. Department of Justice and the Securities and Exchange Commission, and investors are suing Musk for his brief attempt to privatize the company. The billionaire himself has also been charged with paedophilia for a rescuer who was trapped in a cave by the Thai Junior Football Team. He also smoked marijuana in a live broadcast of a comedian.
Musk, the company's president and chief executive, announced a series of promotional appointments earlier this month to rebuild his top management team from within, the report said. His most important move is to appoint Jerome Gillen as president of the automotive business. This is a newly established position, which includes the coordination of Tesla's automotive supply chain. This job description shows that his work may involve supervising O Conner.
As of 6:27 p.m. on September 20th, Tesla shares fell to $297.35, or 0.3%. The company's share price has fallen 4.2% this year.
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