Tesla chief accounting officer resigns after a month

Tesla chief accounting officer resigns after a month

NEW YORK — Tesla’s chief accounting officer, Dave Morton, is resigning after a month on the job because of the public attention and fast pace the post entails.

In premarket trading, Tesla shares slid 7 per cent to $261.

In a regulatory filing Friday, the electric vehicle maker reported that Morton has no disagreements with Tesla’s leadership or its financial reporting.

Morton said in the filing he still believes in Tesla’s mission and prospects.

The Palo Alto, California-based company said its chief financial officer and its corporate controller will oversee accounting functions.

The Associated Press

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.