Tesla Appoints Robyn Denholm as Chair to Replace Elon Musk

(From Reuters)

Tesla Inc (TSLA.O) said board member Robyn Denholm will replace Elon Musk as its chair, more than a month after the billionaire had to step down as the electric-car maker’s chairman as part of a settlement with U.S. regulators. . . .

The appointment of Denholm caps months of turbulence for the company and its stock as investors called for stronger oversight of Musk, whose erratic public behavior raised concerns about his ability to steer the company through a rocky phase of growth.

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