Tesla And Elon Musk Have A New Boss: Robyn Denholm

Tesla’s board of directors has appointed Robyn Denholm as Chair of the company’s board, effective immediately, replacing the company’s founder Elon Musk.

Denholm is one of the two female directors on Tesla’s nine-member board since 2014. She will leave her current position as CFO and head of strategy at Australian telecommunications company Telstra and work full-time as Tesla’s chairwoman, once her six-month notice period with Telstra is complete.

Elon Musk will remain as CEO of the Palto Alto-based EV maker and be a resource to Denholm during the remainder of her time at Telstra in order to ensure a smooth transition.

“Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company,” Elon Musk said. “I look forward to working even more closely with Robyn as we continue accelerating the advent of sustainable energy.”

Robyn Denholm has experience in both Australia and Silicon Valley across a range of big companies, including Telstra, Juniper Networks, Sun Microsystems, as well as Toyota, where she worked in numerous finance management roles.

“I believe in this company, I believe in its mission and I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value,” Robyn Denholm said.

Elon Musk agreed to step down as Tesla’s chairman for three years and pay a $20 million fine in a deal with the SEC over the infamous tweets he made about taking the company private. The US Securities and Exchange Commission also imposed a $20 million fine to Tesla, accusing Musk of fraud.

  • TheBelltower

    Appears to be a goof choice.

  • Knotmyrealname

    She sounds completely money driven. Nothing to do with the product. Just another job for her.
    Next stop: a pharmaceutical company.

    • KareKakk

      Good observation that last one, actually… but she has been a board member of Tesla for years already, so Musk&Co knows who they get now.

  • Blade t

    I’m sure she is very passionate about the auto industry LOL..

    • exeptor

      Just the right amount of irony.

  • Bash

    Hmmmm, ok… I don’t care.

  • TheToadPrince..~~ToadSquad

    ohhh lord just by looking at her..i can tell i wouldnt wanna work for her. Tesla u better know what ur doin..i feel shes gonna ruin somestuff

    • Dansk

      She’s just a puppet! Elon will still be running the show!

      • Six_Tymes

        you don’t know for a fact. then again, it seems its only a 3 year step down.

  • willhaven

    “Boss”

  • Mr. EP9

    Boss?

    Please?

    Elon will still be calling the shots and there is no way Musk will listen to a thing she says.

    • SteersUright

      You’re likely right. But it’s probably still wise to have him report to someone. He’s been a little unhinged the last year.

  • Well, Tesla shares are happy…

    • Six_Tymes

      the 3 day test hasn’t occurred just yet. the market needs time to digest and review her background and experience.

  • David Kale

    Hopefully this combination resembles Steve Jobs + Tim Cook dynamic.

  • Marc king

    Men invent, build and investors appoint solely for PR in the name of #womentoo.

  • Six_Tymes

    “most excellent agent ever seen…MOLE-MOLE-MOLE-MOLE”

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