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Top Priorities of Tesla CEO Include Car Deliveries

Musk also highlighted supplier issues in Europe which had further complicated the company's delivery situation

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

Tesla CEO Elon Musk is prioritizing on meeting its first quarter goal of car deliveries before March 31.

Before the end of the quarter, Tesla needs to deliver 30,000 more cars to meet its internal goals, media reported.

Under the subject line “Vehicle Delivery Help Needed!”, Musk reached out to his employees via an email sent on Thursday afternoon.

“Musk sent an email to all Tesla employees informing them that car deliveries should be everyone’s top priority until the end of the quarter on March 31,” Business Insider Malaysia reported on Thursday.

Last week, company Vice President Sanjay Shah sent an email to Tesla employees asking them to volunteer for extra shifts to deliver the vehicles on time.

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Visitors inspect Tesla electric cars at Brussels Motor Show, Belgium, Jan. 18, 2019. VOA

“What has made this particularly difficult is that Europe and China are simultaneously experiencing the same massive increase in delivery volume that North America experienced last year,” the report quoted Musk as saying in the email.

“In some locations, the delivery rate is over 600 per cent higher than its previous peak!”

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Musk also highlighted supplier issues in Europe which had further complicated the company’s delivery situation.

“According to the email, this is the ‘biggest wave in Tesla’s history’ and ‘won’t be repeated in subsequent quarters’,” the report said. (IANS)

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4 of 11 Tesla Board Members to Step Down by 2020

In November 2018, Musk was replaced by Robyn Denholm as the chairperson of the company’s board

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Visitors inspect Tesla electric cars at Brussels Motor Show, Belgium, Jan. 18, 2019. VOA

In a move that is likely to weaken the powers of Electric Vehicle (EV) maker Tesla Founder Elon Musk and cut some of his strongest allies from the board of directors, the company has said that four of its 11-member board would step down by 2020, thus shrinking the board’s size by more than a third.

The EV maker reportedly said two directors plan to leave its board in June and two more intend to step down next year as part of a move to improve corporate governance of the electric car company.

“Brad Buss, a member of the board since 2009, and Linda Johnson Rice, who joined two years ago, have asked not to be re-elected when shareholders convene on June 11 for Tesla’s annual general meeting, the company said in a preliminary proxy statement,” The New York Times reported late on Friday.

The departing members of the board include Antonio Gracias and Stephen Jurvetson — close friends of Musk who are also directors in SpaceX, Musk’s space launch company.

Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

A member of the board since 2009, Buss was also the Chief Financial Officer of solar panel installer SolarCity for two years until Tesla acquired the firm in 2016.

“Shrinking the board will ‘allow it to operate more nimbly and efficiently’,” the company was quoted as saying in The NYT report.

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In November 2018, Musk was replaced by Robyn Denholm as the chairperson of the company’s board.

Musk had agreed to step down as the Chairman of Tesla for three years and pay a $20 million fine in a deal with the stock market regulatory authority, Securities and Exchange Commission (SEC), to resolve securities fraud charges. (IANS)