Tesla Veteran Resigns Amid Continued Executive Departures

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Amara

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Jul 18, 2024
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Tesla has experienced another high-profile resignation with the departure of Sreela Venkataratnam, a veteran executive who spent 11 years at the company.

Venkataratnam announced her exit on LinkedIn, citing a desire to focus on personal well-being and spend time with family. Her resignation follows a series of significant departures this year, including those of senior executives like Martin Viecha, Drew Baglino, and Rohan Patel.

Venkataratnam reflected on her time at Tesla, noting the company's dramatic growth from less than $1 billion in revenue to nearly $100 billion.

However, Tesla has also faced challenges, including a 30% decline in value, layoffs, and a hiring slowdown. Despite the company’s difficulties, Venkataratnam expressed gratitude for her experience and hopes to find another opportunity as rewarding as her time at Tesla.

The wave of resignations at Tesla comes as the company continues to navigate internal challenges, including morale issues due to recent layoffs. Tesla has not yet commented on the latest departure.