Tesla executive Baglino leaves as Musk loses another top deputy


Tesla executive Baglino leaves as Musk loses another top deputy

Tesla Executive Departures Signal Ongoing Turmoil at the Company

**Tesla** Inc. has seen the departure of two senior executives, including Senior Vice President Drew Baglino, amid the company’s recent job cuts. Baglino, a key engineering and technology development leader, has been with the company for 18 years and played a prominent role in various public events alongside CEO Elon Musk.

Quick Facts

  • Senior Vice President Drew Baglino and Tesla’s vice president of public policy and business development, Rohan Patel, have left the company amidst a round of job cuts.
  • Tesla’s shares dropped more than 3% following the news of the executive departures.
  • CEO Elon Musk announced plans to cut headcount by more than 10% globally, coinciding with the departure of top executives.

Baglino’s departure, alongside the recent exit of Rohan Patel, comes at a time when Tesla is facing challenges in the electric-vehicle market. Musk’s decision to downsize the workforce and the subsequent departure of key executives have raised concerns among investors about the company’s stability and succession planning.

Another significant departure earlier in the year was that of Zachary Kirkhorn, who stepped down as CFO after 13 years with the company. Musk, who leads multiple companies, is also facing scrutiny over his commitment to Tesla, the world’s most valuable automaker.

Walter Isaacson, Musk’s biographer, described Baglino as a personable engineer with a significant role in Tesla’s battery-cell development. Baglino’s departure, coupled with Musk’s ambitious plans and the company’s stock performance, has led to increased investor apprehension about the future of the company.


Leave a Comment