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Tesla loses top sales exec ahead of second-quarter earnings

Published 07/24/2018, 02:49 AM
Updated 07/24/2018, 09:32 AM
© AP Photo/David Zalubowski, In this Sunday, May 27, 2018, photograph, a 2018 Model 3 sits at a Tesla store in Littleton, Colo.
TSLA
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  • Ganesh Srivats, a top Tesla (NASDAQ:TSLA) sales executive in charge of global growth at the company, has resigned.
  • Srivats arrived at Tesla from the luxury retailer Burberry in 2015 to serve as vice president of North American sales. His role was expanded to cover global markets in February, the same month the electric-car maker lost another top-level executive, Jon McNeil, who was president of sales and service.
  • Srivats now leaves Tesla to become CEO of the online retailer Moda Operandi, effective August 1.

Ganesh Srivats, a top sales executive at Tesla, has resigned.

Srivats joined Tesla in 2015 as vice president of North American sales. In February, his role was expanded to cover global markets. The same month, Tesla lost another top executive in Jon McNeil, who served as president of sales and service. Srivats had taken on some of McNeil's responsibilities in addition to his own.

"We’d like to thank Ganesh for his hard work and wish him all the best in the future," a Tesla spokesperson told Business Insider in an email Monday night.

Srivats arrived at Tesla from the luxury retailer Burberry. He now leaves Tesla to become CEO of the online retailer Moda Operandi, effective August 1, according to a company press release.

Tesla's Robin Ren, who had been in charge of the company's operations in China, took over worldwide sales earlier this year.

Srivats' departure comes just days before Tesla announces its second-quarter earnings, and on the same day The Wall Street Journal reported that the company had asked suppliers for refunds to help bolster its bottom line.

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