Elon Musk has reportedly promoted executive Tom Zhu, Tesla’s chief of operations in China, to the head of U.S. plants and sales, making him the company’s number two executive after Musk himself.
Elon Musk, chairman and chief executive officer of Tesla Motors Photographer: Daniel Acker/Bloomberg via Getty Images
Shareholders have expressed concerns about a recent decrease in Tesla’s deliveries, which may be partially attributed to the impact of the coronavirus pandemic on production in China. Additionally, the company’s share price has fallen 47 percent since October 27, when CEO Elon Musk completed the acquisition of Twitter for $44 billion.
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