Turmoil at Tesla as executives leave and shares tumble
The chief accounting officer is resigning less than a month into the job, and the head of HR, who’s on leave, won’t be rejoining the embattled electric-vehicle maker
San Francisco — The turmoil at Tesla reached a fever pitch on Friday as news emerged that two senior executives will leave Elon Musk’s electric-vehicle (EV) maker, a matter of hours after he smoked marijuana during an hours-long interview with a comedian. Chief accounting officer Dave Morton gave notice on Tuesday that he was resigning less than a month into the job, according to a filing. Tesla’s stock plunged, then extended declines after Gabrielle Toledano, the head of human resources who’s been on a leave of absence, told Bloomberg News that she won’t rejoin the company. Morton, a former CFO for computer-drive maker Seagate Technology, joined Tesla one day before Musk tweeted that he was considering buying out some investors at $420 a share and taking the company private. The CEO abandoned that effort 17 days later, and in the process drew a subpoena from the Securities and Exchange Commission and a series of lawsuits alleging market manipulation. "Since I joined Tesla on August...
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