Robyn Denholm Appointed as Tesla Chairman After Elon Musk’s Resignation
Soon after Elon Musk announced his retirement from the post of Tesla’s chairman, the company has stated that board member Robyn Denholm will replace Elon Musk as the chairman.
Musk, who has been on Tesla's board since 2014, tweeted in August he was considering taking the company private for $420 per share and had secured funding for a deal that was later scuttled but attracted scrutiny from several government agencies. As a result, Musk had to leave the position of the chairman.
The appointment of Denholm caps months of turbulence for the company and its stock as investors called for stronger oversight of Musk, whose erratic public behavior raised concerns about his ability to steer the company through a rocky phase of growth.
"Would like to thank Robyn for joining the team. Great r...