Tesla names Robyn Denholm as its new chairwoman, replacing Elon Musk

Tesla names Robyn Denholm as its new chairwoman, replacing Elon Musk

Robyn Denholm, the finance chief of Australian telecoms firm Telstra, takes over from the electric auto maker's founder, who remains chief executive.

Tesla released a statement a short time ago saying that Denholm had handed in her notice at Telstra and would take on the full-time chair role "effectively immediately".

Denholm worked previously at Toyota Motor Corp., Sun Microsystems Inc. and Juniper Networks Inc., where she was chief financial and operations officer. A spokesperson at the company told CNBC that Denholm will receive 8,000 stock options each year and a cash retainer of $300,000 once she leaves Telstra.

Tesla has a new chairperson in the driver's seat and her name is Robyn Denholm.

Interestingly, another Australian, James Murdoch, son of billionaire media mogul Rupert Murdoch, was rumored for the chairman role at Tesla.

Inquiries to the automaker by Automotive News have prompted Tesla to deny Musk's involvement in the account, responding with a simple "No."The Drive's own inquiries have ushered the same response".

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Rather than leave her to handle the baby alone, Organo took her help a step further and brainstormed a solution. Alexandra Deabler is a Lifestyle writer and editor for Fox News.

Republican Donald Trump elected President of the United States of America
Among governorships, Democrats netted seven, including big states such as MI and IL and Wisconsin, where incumbent Gov. He cited "questionable things" done by Democrats, including "leaks of classified information".

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It was reported earlier in the week that the Yankees were interested in trading for former Cy Young victor Corey Kluber . He is 29-22 with a 3.67 ERA in 80 starts and three relief appearances over four seasons and was an AL All-Star in 2017.

Tesla earned a $311.5 million net profit during the third-quarter, delivering the first step of a promise from Musk to post sustainable profits.

Musk has strived to turn Tesla into a profitable, mass-market producer of environmentally friendly electric cars, but his impulsive streak caused him trouble when he tweeted in August that he had "funding secured" for taking Tesla private.

The tweet was one of a number of public statements by Musk that raised questions in the industry about his aptness to lead the company.

A new chairman could conceivably rein in Musk or adjust Musk's role at the world's most drama-filled electric vehicle maker. And the SEC is still a factor - Tesla received a subpoena last week from the SEC concerning Model 3 production forecasts in 2017, according to The Verge.

Tesla has seen months of turbulence since Musk's infamous tweet.

"The market reacted to this information and Tesla's stock price quickly traded up", said Stephanie Avakian, the SEC's Co-Director of the Division of Enforcement, in a September news conference. But even after the settlement was announced, Musk taunted the agency, calling it the "Shortseller Enrichment Commission" before snidely praising it for "doing incredible work".

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