Robyn Denholm, A Chairwoman Co-driver for Elon Musk at Tesla

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Robyn Denholm, A Chairwoman Co-driver for Elon Musk at Tesla

By Isabelle Chaboud, Associate Professor of Financial Analysis, Audit and Risk Management, Grenoble School of Management (GEM). First published in The Conversation la France.

Robyn Denholm, 55, was officially named on November 7, 2018 to replace the iconic Elon Musk as chairman of the board of Tesla, the US electric vehicle manufacturer. Why this choice ? Is it announcing a desire to profoundly reform a governance questioned by certain investors? Can she tame the whimsical boss? And can she really play her role independently?

The appointment comes in the wake of the SEC's sanctions against Elon Musk after the famous tweet of August 7, 2018, in which the automaker's boss said he planned to withdraw Tesla from the $ 420 stock market with guaranteed financing. Elon Musk had been fined $ 20 million and resigned as chairman of Tesla's board of directors. A function that he has been prohibited from exercising for at least three years. While some investors and stakeholders may welcome the separation of power between the CEO and the new Chair of the Board, others may see a new blow of communication and ask questions about the real independence of Robyn Denholm.

Why Robyn Denholm?

Eye: Global Warming | New Tesla Electric Battery | Elephant Slaughter

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GreenTracker

The UN’s latest report on climate change is terrifying Grist

From The New York Times:

The world may already be nearing a temperature at which the loss of the vast ice sheet covering Greenland would become inevitable, the report said. The actual melting would then take centuries, but it would be unstoppable and could result in a sea level rise of 23 feet, with additional increases from other sources like melting Antarctic ice, potentially flooding the world’s major cities.

We Are On The Verge Of An Electric Car Battery Breakthrough Think Progress

Having opened up its electric car technology patents to the rest of the auto industry, Tesla Motors is on the verge of achieving a cost-effective electric car.

Daniel Sparks at Motley Fool is reporting that the company is on the right track towards developing a battery that costs only $100 per kilowatt-hour — a cost widely believed to be the threshold where electric vehicles can finally be cost-competitive.

Tesla has plans to build an enormous $5 billion battery manufacturing plant with 6,500 workers.

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