Tesla And SpaceX Make Key Apple Hire

Loading...
Loading...
Tesla Motors Inc
(NASDAQ:
TSLA
CEO Elon Musk hired
Apple Inc.
(NASDAQ:
AAPL
)'s alloy expert Charles Kuehmann, according to
Electrek
. The report suggested that Kuehmann left Apple last year and started his new role in December. Electrek, citing its sources, noted that Kuehmann will split his time between Tesla and Musk's other business, SpaceX. He will hold the title of Vice President of Materials Engineering at both companies and will be tasked with delivering materials innovation - a task he is "very familiar with" given his 20 years of experience in materials science. Electrek added that while Tesla and SpaceX shared board members, Kuehmann's hire marks the first senior executive who will be splitting his time between the two companies. Finally, the report suggested that Kuehmann's experience could be useful to Tesla's battery research efforts and future battery cell manufacturing. Shares of Tesla were trading lower by around 1 percent Thursday morning at $177.35.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsManagementCharles KuehmannElectrekElon MuskSpaceXTesla
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...