Tesla (TSLA) loses long-time finance leader, and one of only two women VPs

tesla (TSLA)

Tesla has lost one of its top long-time leaders in the financial department and one of only two female vice presidents.

Earlier this year, Tesla suffered a purge of talent, both intentionally and unintentionally. Elon Musk started several waves of layoffs that resulted in 15 to 20% of Tesla’s workforce exiting.

However, we also reported that employees left after the layoffs because company morale was hit.

A few months later, we learn of another executive leaving Tesla: Sreela Venkataratnam.

Venkataratnam joined Tesla more than a decade ago as a director of financial operations. She held several major roles in Tesla’s finance department, including as Vice President, Finance and Business Operations for the last 5 years.

She announced that she is leaving Tesla in a LinkedIn post:

I joined as Director of Finance Operations in early 2013, when Tesla was a company with less than $1B in yearly revenues, a market cap of ~$4B and less than 3000 cars delivered in a year. Leaving as a Vice President (one of only two women VPs in the company) with annual revenues soaring close to $100B, market cap to $700B (reaching $1T during the pandemic) and cars delivered in a year to more than 1.8 million, I am proud of how much we’ve achieved together.

Venkataratnam didn’t say where she was going other than taking a break:

As I take a break to spend quality time with family, reconnect with old friends, and focus on personal well-being, I am energized for what lies ahead. When the time is right, I am hopeful that I will be fortunate to find another incredible opportunity like Tesla, where I can drive impactful change and contribute to a meaningful mission with exceptional people.

Last year, Tesla also lost its Chief Financial Officer, Zachary Kirkhorn, who was replaced by then Chief Accounting Officer, Vaibhav Taneja.

The post Tesla (TSLA) loses long-time finance leader, and one of only two women VPs appeared first on Cars News Magazine.


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