Tesla Shifts Senior Executive to China in Major Move, WSJ Reports
Tesla Shifts Senior Executiv...
Subscribe to Newsletter

Tesla Shifts Senior Executive to China in Major Move, WSJ Reports

7 May 2024
2365
1 min.
4
Tesla Shifts Senior Executive to China in Major Move, WSJ Reports

Tesla Shuffles Top Brass

Tesla Inc. is strategically relocating executive Tom Zhu back to China, aiming to strengthen its position in the world’s largest auto market, reports the Wall Street Journal. Zhu, who has been pivotal in Tesla's Asia Pacific operations, will again lead efforts in a region critical for the company's global ambitions.

Having joined Tesla as a senior vice president of automotive in April 2023, Zhu has been instrumental in managing global production, sales, deliveries, service, and overseeing the company's factories. His return to China follows CEO Elon Musk's April visit, which secured preliminary approvals for deploying Tesla’s driver-assistance systems locally.

This move is part of a broader strategy to address recent challenges, including a slowdown in electric vehicle sales that led to a global reduction of Tesla’s workforce by over 10% and the departure of key executives.

Since late 2022, Zhu has been based in Austin, Texas, managing Tesla's newest manufacturing plant and overseeing a team that once included 25 direct reports. However, his focus has shifted predominantly towards Asia, where almost all of his current 10 direct reports are based.

Tesla’s repositioning of Zhu underscores its commitment to regaining momentum in China amid broader organizational changes and market dynamics.

Persons2 and Companies2 in the news

Executive officer at Tesla
1 place
CEO of Tesla
2 place
Tesla
1 place
Section:
Source foto:
flickr.com
Rating companies
Instagram
15 Mention
Tesla
14 Mention
Netflix
14 Mention
JP Morgan Chase
11 Mention
Amazon
10 Mention
Ford Motor Company
10 Mention
TikTok
8 Mention
White House
7 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8133184753
Died this year
28328535
Born this year
69693210