Tesla CEO Elon Musk has been unable to stop drawing media attention in recent weeks, for all the wrong reasons. Jerome Guillen, who’s been with Tesla for the better part of eight years, is now the electric-car maker’s president of auto operations, Musk said in a blog late Friday afternoon. “Jerome will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain,” Musk said. Tesla shares fell 6.3% on Friday to $263.24, the stock’s lowest close in five months. Promoting Guillen, a veteran car and truck engineer, to smooth out Tesla’s auto operations may be the most positive move Musk could make right now.

Source: Forbes September 07, 2018 23:34 UTC