Date: 2 months ago   Category: Auto

Tesla has found replacement to Elon Musk on a post of the head of the board of directors


Tesla has found replacement to Elon Musk on a post of the head of the board of directors
The board of directors of Tesla was appointed by Robin Denkholm the new chairman of the board of the company. She will replace on this post of the former chairman Elon Musk. we Will remind

, earlier Musk has got under investigation because of the tweet in which I have reported about allegedly desire to sell a part of the company to the Arab investors then it has turned out that information wasn't true.

In this regard the Commission of the USA on securities and the exchanges has come to a conclusion that Musk's actions had traces of fraud and have affected the value of the stock of the company which at first have sharply grown, and then have collapsed even below than the previous level because of what a part of shareholders has sustained financial losses.

as a result Musk and the Commission have come to the agreement that Musk will leave the position in Tesla for three years and also will pay a penalty of 20 million dollars to avoid trial.

As for Robin Denkholm, she is one of two female directors of council of Tesla and works in the company since 2014 as the finance director and the head of the development strategy in the Australian company Telstra.

Elon Musk will reserve a position of the CEO of the company and also Denkholm in the next half a year for smooth transition of the last to a new position will help.

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