Tesla also named Tom Zhu, 43, as senior vice president for automotive operations, making him one of the four executive officers at Tesla, along with Musk, chief financial officer Zachary Kirkhorn and powertrain head Andrew Baglino.
The appointments come as Tesla investors worry that Musk’s acquisition and leadership of Twitter, which he bought for $44 billion last year, could stretch the billionaire thin and distract him from running the carmaker.
Tesla shares posted their worst annual drop last year, hit by concerns about Musk’s attention to Twitter and softening demand for electric vehicles in China, the United States and elsewhere.
Tesla shareholders are set to vote on May 16 on an investor proposal for the company to publish a report on “Key-Person Risk”, reflecting concerns that the carmakers relies too heavily on Musk’s leadership. The proposal seeks to identify “key persons and actions to ameliorate the impacts of their potential loss.”…
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