Robyn Denholm replaces Elon Musk as Tesla's board chair [CNBC]
Tesla, Inc. (TSLA)
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Source: CNBC
Courtesy Telstra Robyn Denholm On Wednesday night, Tesla announced Robyn Denholm has taken Elon Musk's place as chair of the company's board. She is also leaving her role as CFO and Head of Strategy at Telstra, Australia's largest telecommunications company, once her six-month notice period with Telstra is complete, and will be working as Tesla chair on a full-time basis, the company said in a statement. Musk was mandated to leave his role as chairman of the board at Tesla as part of a settlement with the SEC following his now infamous take-private tweets in August. Musk said, in that series of tweets, that he was considering taking Tesla private at $420 a share, and even had some funding secured. The tweets sent shares soaring to an intraday high of $387.46 a share on Aug. 7. Tesla's stock, which closed at $348.16 a share Wednesday, had tumbled by more 25 percent, but began to rise recently after the company reported its largest quar
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