Tesla founder and CEO Martin Eberhard steps down, but not out

News of Tesla's co-founder and CEO Martin Eberhard stepping down has been making the rounds in both automotive and tech circles all morning. The gist is that Eberhard will become Tesla's President of Technology so he can stay hands on with the all-electric Tesla Roadster's development, while a man by the name of Michael Marks, formers CEO of a company called Flextronics and one of Tesla's investors, will become interim CEO while a permanent replacement for Eberhard is found.

From the reports we've been reading, it makes it sound like Tesla's in turmoil over this management shakeup, with some outlets claiming the executive shuffle will cause additional multi-month delays in the first deliveries of the Tesla Roadster to customers. We have no reason to believe that is the case, and thanks to Sam Abuelsamid over at AutoblogGreen who was able to speak with someone at the company, it appears that Eberhard had been planning to step down for some time, as the day-to-day operation of running a big company was keeping him away from the Tesla Roadster's development. Tesla's Vice President of Marking Darryl Siry told ABG the move is much like what happened at Google when founders Larry Page and Sergey Brin brought in Eric Schmidt to run the show so they could focus on other projects. So it appears that despite some reports you may read, Tesla is not in turmoil and Eberhard's relocation within the company is just one more step on the company's roadmap to producing what promises to be a landmark vehicle.

[Source: AutoblogGreen, Tesla]





Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.








Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

Subscribe via: iTunes | RSS


Featured Galleries

  • Spy Shots: 2011 Lincoln MKX
  • Spy Shots: 2011 Ford Edge
  • MINI Beachcomber concept
  • Gold Mercedes-Benz SLS for Dubai Motor Show
  • 2011 Mercedes-Benz E-Class Cabriolet
  • 2011 Audi A1 Graffiti Teasers
  • Reader Spy: SRT-prepped Dodge Journey R/T
  • 2011 BMW Z4 sDrive35is
  • Ferrari P540 Superfast Aperta
  • 2010 Dodge Viper ACR-X
  • First Drive: 2010 Lexus GX460
  • Hennessey Performance Venom GT in the shop
AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum