Longtime Tesla Inc. (TSLA.O) CEO Jerome Gyllen, who led the semi-electric trucks scheduled for launch this year, left the company, Tesla said Monday, just three months after taking on the role.
Guillaume, who has been with the company for more than a decade since starting as Model S program director in 2010, ran Tesla’s entire business before being appointed president of Tesla Heavy Trucking in March. He was one of Tesla’s four leading members, including CEO Elon Musk.
Dan Levy, a Credit-Suisse analyst, said in a note that the departure was “negative, given that Guillaume had previously been central to Tesla” as it was “perhaps key to stabilizing the launch of the model. of the automotive business after the 3 “model in 2017
Tesla has yet to begin shipping its battery-powered semi-electric commercial truck, with Musk saying in recent months that restrictions on battery supply could slow mass production until 2022.
Musk also said in January that Tesla would be able to produce the Semi when its new 4,680 cells could be produced in bulk, alleviating battery shortages.
Separately, Musk said Sunday that Tesla has canceled its largest-range S Plaid + model, which will use 4,680 cells and whose production has been postponed to next year.
“They made a big deal around 4680 … we’re just upset, the first (car with) 4680 was obviously canceled. It just raises more questions that need to be answered,” said Luis Navelier, chief investment officer at Navellier.
Tesla shares fell 0.7% after market trading.
Guillaume was one of the few long-time managers at Tesla who is known for the high turnover rates of his executives.
RJ Johnson, who led Tesla’s energy operations to sell solar and energy storage products, left the company in less than two years, according to his LinkedIn profile. It has moved to Stealth mode.
(This story corrects to remove the unwanted word “then” in paragraph 2, adds a point)
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