This year’s wave of departures at the $700 billion electric car manufacturer has continued with the exit of Tesla’s head of financial operations. Eleven-year Tesla employee Sreela Venkataratnam, vice president of the firm, announced on LinkedIn on Wednesday that she would be leaving her position and taking time off. This latest shuffle comes after many long-time executives left during the restructuring in the spring. While applauding the firm in her post, Venkataratnam stated in the comments section below that working there was “not for the faint of heart.”
According to Venkataratnam, her time at Tesla was “nothing short of extraordinary.” She said she was proud of the company’s development throughout that period to become the $700 billion behemoth it is now, but she would take a moment to reflect before looking for other opportunities.
According to Venkataratnam, she worked on the creation of the Cybertruck, Model S, Model X, Model 3, and Model Y from Tesla. The company’s energy production was reportedly another area in which she was engaged. “I am proud of how much we’ve achieved together,” she stated.
Responding to a remark made by former CFO Jason Wheeler, Venkataratnam added that working at Tesla is “definitely not for the faint of heart.”
At Tesla, Venkataratnam held the position of one of the two highest-ranking female executives. As per The Wall Street Journal, Laurie Shelby is the only female member of Elon Musk’s executive team now that Venkataratnam has left. She is Vice President of Environmental, Health, Safety and Security.
As per The Information report, Musk instructed Tesla staff to be “absolutely hard core about headcount and cost reduction” when the business made over 10% of its employment reductions in April.mZach Kirkhorn, the Chief Financial Officer of Tesla, announced his resignation in August of last year, following almost a decade of service at the electric car maker.
Drew Baglino, senior vice president of energy at Tesla, departed the firm in April when 10% of the workforce was laid off. Having spent 18 years working for Tesla, Baglino was considered by many to be Musk’s second in command. At the same time, Martin Viecha, the head of investor relations at Tesla, announced his resignation, and Rohan Patel, the company’s head of public policy, also left.
Musk dismissed Rebecca Tinucci, senior director of Tesla’s supercharger, and her staff in late April. Tinucci announced on August 22 that she has joined Uber Technologies in the capacity of head of sustainability.
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