Saturday, June 3News That Matters
Shadow

Tag: concluding

Tesla's accountant quit after concluding Musk was ignoring go-private advice

Tesla's accountant quit after concluding Musk was ignoring go-private advice

Finance
Tesla's now former chief accounting officer, Dave Morton, quit the company after concluding CEO Elon Musk wasn't interested in accounting details around a potential take-private transaction, according to people familiar with the matter. Morton resigned Sept. 4, according to a company filing released on Friday. Morton said in the filing "the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations." Morton joined Tesla on Aug. 6 after Tesla approached him for the chief accounting job. Morton saw an opportunity to work with a visionary such as Musk and make life easi...