Tesla Investor Relations Chief Martin Viecha to Depart After Annual Shareholder Meeting, Elon Musk Says 'Thanks For Everything'
Portfolio Pulse from Anan Ashraf
Tesla's VP of Investor Relations, Martin Viecha, will depart after the annual shareholder meeting. Viecha announced his resignation two months ago and will be replaced by Travis Axelrod. The departure comes amid a stressful period with key shareholder votes, including Elon Musk's $56 billion pay package.
June 13, 2024 | 7:50 am
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Tesla's VP of Investor Relations, Martin Viecha, is leaving the company after the annual shareholder meeting. He will be replaced by Travis Axelrod. This change comes during a critical period with key shareholder votes, including Elon Musk's $56 billion pay package.
The departure of a senior executive like the VP of Investor Relations can create uncertainty, but the immediate impact on Tesla's stock price is likely neutral. The transition to Travis Axelrod, who has been with the company for a similar duration, should provide continuity. The news comes amid key shareholder votes, which could have a more significant impact on the stock.
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