Friday , June 18 2021

Tesla already has a replacement for Elon Musk

Hong Kong (CNN Business) – Tesla has already chosen a new leader for his board of directors after Elon Musk was forced to resign.

Elon Musk

The electric car company announced last night that Musk will be replaced by Robyn Denholm, financial director of Telstra's Australian telecommunications company.

Denholm, who is already a member of the Tesla board, will start working full time in the company after a period of six months after notifying Telstra of his departure.

"To ensure a smooth transition during the time remaining for Robyn in Telstra, Elon will be a resource for Robyn and will offer all the support that he requests in his position as a director," said Tesla in a statement.

Musk was forced to resign as Tesla's president and pay a $ 20 million fine in an agreement to settle the charges filed against him earlier this year by the US Securities and Exchange Commission.

Joe Sutton contributed this report.

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