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Tesla says Jerome Guillen has been promoted to president of automotive

Tesla announced Friday that Jerome Guillen has been promoted to president of its automotive division.

In an email to employees, CEO Elon Musk said Guillen would report directly to him and oversee all of Tesla's automotive operations, including the coordination of its supply chain.

Musk said Guillen had "played a critical role in ramping Model 3 production, leading what almost all thought was impossible: creation of an entire high-volume General Assembly line for Model 3 in a matter of weeks."

Musk also announced a slew of other promotions, including a new senior communications director.

The announcement follows the resignation of top Tesla executives earlier in the day, including its chief accounting officer and its HR chief.

Shares of Tesla ticked higher in after-hours trade Friday, after falling 6 percent in the normal trading session. The stock has shed 30 percent in the past month amid intense scrutiny over Musk's take-private tweet.

A month ago, Musk shot off a controversial tweet saying he was "considering taking Tesla private." Musk floated a take-private price of $420 — roughly a 20 percent upside from the stock's levels at the time — and claimed he had the "funding secured."

Late Thursday, Musk spurred a new round of criticism after he smoked marijuana and sipped whiskey during his appearance on Joe Rogan's podcast.

This is breaking news. Please check back for updates.

— CNBC's Sara Salinas contributed to this report.

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https://www.cnbc.com/2018/09/07/tesla-says-jerome-guillen-has-been-promoted-to-president-of-automotive.html

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