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Appointing new Twitter CEO will allow me to devote more time to Tesla: Musk

The appointment of Linda Yaccarino, former Chairman of Global Advertising and Partnerships at NBC Universal, as Twitter CEO will free Elon Musk to devote more to Tesla and bring it back on course. Musk`s role will now transition to being executive chair and CTO, "overseeing product, software and system operations." "Bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing," Musk said on Saturday. Tesla`s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the…

Subaru takes a page from Toyota appointing new CEO amid EV era

As the auto industry charges ahead toward a fully electric future, you can start to see clear leaders and laggards. Subaru, like its Japanese counterparts, is looking to play catch up. The automaker announced Friday it was appointing a new CEO to address the “profound transformation” to EVs in the auto industry, following a similar move from Toyota recently. Subaru appoints new CEO to accelerate EV transition Subaru appointed Atsushi Osaki as CEO and president Friday as the company…