Tesla announces new China CFO: former General Motors exec James Zhou

Zhou previously worked for General Electric (GE) as well as General Motors

PUBLISHED : Saturday, 26 May, 2018, 3:07am
UPDATED : Tuesday, 03 July, 2018, 8:22pm

Tesla Inc on Friday announced a number of executive hires, including former GE and General Motors executive James Zhou as its China CFO and Neeraj Manrao, a former Apple executive, as director of energy manufacturing.

Zhou previously served as CFO for Asia-Pacific and India for Ingersoll Rand.

Elon Musk talks up Tesla’s new Model 3 versions

“We’re excited to welcome a group of such talented people as we continue to ramp [up] Model 3,” Tesla said in a blog post, adding it would announce more hires in the coming days.

China contributed around 17 per cent of Tesla’s total revenue in 2017, and the electric carmaker has said it planned to build a gigafactory in the country.

Tesla cuts mainland prices after China announces tariff reductions

The company on Wednesday slashed up to US$14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles.

Tesla has seen the departure of several senior executives and is also flattening its management structure as it seeks to improve efficiency and clear up production bottlenecks related to its new Model 3.