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Tesla loses its chief accounting officer and head of human resources; shares sink

Chief accounting officer Dave Morton cited “the level of public attention” as his reason for exiting after one month

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The departure of two high-level executives crashed Tesla's shares in early trading

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has taken shareholders on a wild ride lately, engaging in Twitter fights and recently appearing to smoke marijuana on a livestreamed podcast. The fanfare surrounding the electric automaker appears to have also taken its toll on high-level executives.

Chief Accounting Officer Dave Morton announced Friday that he would be leaving the company after just one month on the job, citing “the level of public attention placed on the company.”

READ: TUT Report: Elon Musk crows about EV sales, Twitter shares sink anew and Uber coming out with scooters

"Since I joined Tesla on August 6, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," said Morton in an 8-K filing.

Morton was the former chief financial officer of Seagate Technology.

Tesla’s chief people officer Gaby Toledano took a leave of absence in August after a little over a year heading the company’s human resources department. Toledano also announced Friday that she would not return, as per a Bloomberg report.

Shares of Tesla fell more than 8% to US$257.61 in Friday morning trading before closing the week 6.35 off at US$263.24.

Quick facts: Tesla Inc

Price: 901 USD

Market: NASDAQ
Market Cap: $166.13 billion

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