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.

REUTERS