Tesla names Telstra executive as new chairwoman

Tesla has appointed Robyn Denholm, currently chief operating officer and head of strategy at Telstra, as the automaker's new chairwoman, effective immediately. She will replace Elon Musk as Tesla's chair, who will remain as the company's CEO. Musk was compelled to relinquish his role as chairman in a deal with the US Securities and Exchange Commission over his false assertion on Twitter that he had secured funding to take the company private.