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 #152: Paukert Enhanced!

Chris Paukert joins the usual crew of Chris, Sam, and Dan, summarily classing up the joint.

 
 

Featured Galleries

  • 2011 Buick Regal Live Unveiling
  • BMW Concept 6
  • Zenvo ST1 Details
  • SEMA 2009: HPP Daytona Challenger
  • LA Design Challenge 2009 Competitors
  • SEMA 2009: 1962 Chevrolet Corvette C1-RS
  • SEMA 2009: Bigfoot
  • SEMA 2009: Black Bison Toyota Alphard
  • Ford's Inflatable Seat Belts
  • 2011 Porsche Boxster Spyder
  • Shelby Turbocharged Mustang
  • Jetta TDI Cup Street Edition

AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum