Tesla Stock Vs. BYD Stock: Tesla Investor Day Looms; BYD Joins China EV Price War

Reuters

Gerber ends Tesla board run, says carmarker creating ‘own voice’

Tesla Inc investor Ross Gerber said on Friday he will end his run for the electric carmaker’s board of directors, citing changes investors can expect to see next week. Gerber said in a telephone interview that he decided to withdraw after Martin Viecha, Tesla’s investor relations chief, told him the company has taken steps along the lines Gerber sought when he announced his board run Feb. 10. Among other things Tesla will introduce more executives than usual at a March 1 investor day at its Austin, Texas headquarters, to show its managerial talent runs beyond CEO Elon Musk, Gerber said.

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