Tesla CFO Deepak Ahuja to retire, help find replacement

[DETROIT] Tesla Motors Chief Financial Officer Deepak Ahuja will retire later this year, but will stay on to help search for a successor, Chief Executive Officer Elon Musk told shareholders on Tuesday.

Mr Musk also said Tesla will release an early version of its Autopilot self-driving programme for the Model S sedan by the end of June. The programme will contain an auto-steering feature, he said.

Mr Musk confirmed the first deliveries of the new Model X crossover will begin "in three to four months." In a presentation at the Computer History Museum in Mountain View, California, Mr Musk said a new battery factory in Nevada will begin production by mid-2016 and should reach full production in three to four years.

The company's webcast of the presentation was monitored by Reuters.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes