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Stock impact report

Tesla names Telstra exec Robyn Denholm as chair [Reuters]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Reuters
Tesla names Telstra exec Robyn Denholm as chair | Reuters 1 Min Read (Reuters) - Electric carmaker Tesla Inc ( TSLA.O ) said Robyn Denholm, currently CFO at Australian telecoms operator Telstra Corp Ltd ( TLS.AX ), will replace Elon Musk as its chair. Denholm will leave her role as CFO and head of strategy of Telstra once her six-month notice period with the company is complete, Tesla said late on Wednesday. Tesla said Denholm will be serving as Tesla chair on a full-time basis. She will temporarily step down as Chair of Tesla’s Audit Committee until she leaves Telstra, the company said. Tesla weathered a rocky few months in the wake of Musk’s tweets that he had “funding secured” for a deal, later scuttled, to take Tesla private. Musk and Tesla settled with the U.S. SEC in September after the agency sued for fraud. The settlement required Tesla and Musk to pay a fine of $20 million each and for Musk to give up his chairman role for three years. Reporting by Philip George in Bengal Show less Read more
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