Elon Musk Choses New Boss For Tesla

CNN reports Tesla has chosen a new leader for its board of directors after Elon Musk was forced to step down. The electric car company said late Wednesday that Musk will be succeeded by Robyn Denholm, the chief financial officer of Australian telecommunications company Telstra. Denholm, who is already a member of Tesla's board, will begin working at the company full time after her six-month notice period with Telstra is over. Musk was forced to step down as chairman of Tesla and pay a $20 million fine in a deal to settle charges brought by the Securities and Exchange Commission earlier this year.