Elon Musk’s Tesla has seen another key executive departure as Sreela Venkataratnam, who spent 11 years at the company, announced her resignation via LinkedIn.
Key Points:
– Venkataratnam leaves to focus on family, friends, and personal well-being.
– Her exit marks the seventh resignation from Tesla this year, following significant layoffs, including the Supercharger team.
– Formerly part of a company valued below $4 billion, she witnessed its growth to nearly $1 trillion.
– Recent struggles include a 30% decline in stock value and halting of internship programs.
– Other executives, including Martin Viecha and Drew Baglino, have also exited amid company turmoil.
– Venkataratnam’s departure means only one female VP remains at Tesla.
– Ex-colleagues praised her contributions, while another departing executive, Rich Otto, cited morale issues due to job cuts as his reason for leaving.
Tesla did not comment on Venkataratnam’s resignation.