Charlie Brooks
Jan 03, 2023 11:03
Tom Zhu, president of China for Tesla (NASDAQ:TSLA) Inc, has assumed responsibility for sales, service, and delivery in North America, the Electrek website reported on Monday, citing persons familiar with the matter.
According to a post on the U.S. website devoted to news on electric mobility and sustainable energy, Zhu's formal title remains vice president in charge of Asia/Pacific.
Tesla did not immediately respond to Reuters's written requests for comment.
Reuters reported last month that Zhu and his team from Shanghai have been visiting Tesla operations in California and Texas, causing colleagues to speculate that he is being groomed for a larger job at a time when chief executive Elon Musk has been focused on his purchase of Twitter.
Under Zhu's direction, Tesla Shanghai returned strongly from lockdowns this year, bringing Tesla close to its 2022 production growth objective of 50 percent.
The company reported record production and deliveries for electric vehicles in the fourth quarter on Monday, but it missed Wall Street's predictions due to logistical difficulties, sluggish demand, rising interest rates, and fears of a recession.
Tesla's stock had its worst year since it went public in 2010 in 2022.
Jan 03, 2023 10:51
Jan 04, 2023 11:22