Tesla has announced to have appointed an new chairperson- Robyn Denholm who will replace Tesla's long existing current chairman, Elon Musk. The change in position comes after Musk recently being sued by the SEC for his infamous tweets over Tesla's going private for which both Musk and Tesla had to pay a penalty of $20 million. After the matter came into light, Musk was asked by the board to step down from his current position in the company. Earlier, in a series of tweets Musk has mentioned about taking Tesla private at $ 420 per share and he even claimed to have secured some funding.
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