Tesla ousts second CEO in two years and plans to cut staff

CNET reported on Wed. that Tesla chairman Elon Musk bumped CEO Ze’ev Drori from the top slot and will take over his position while continuing to focus on product development. Drori didn’t last long in the limelight, as he came to the company in late 2007 after Musk ousted the other former CEO and Tesla […]

CNET reported on Wed. that Tesla chairman Elon Musk bumped CEO Ze’ev Drori from the top slot and will take over his position while continuing to focus on product development. Drori didn’t last long in the limelight, as he came to the company in late 2007 after Musk ousted the other former CEO and Tesla co-founder, Martin Eberhard.

The roadster manufacturer also plans “modest” layoffs to make the “cash flow-positive in the next six to nine months,” and will shut down its Detroit office.

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