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Money Tesla Just Lost One Of Its Most Valuable Executives

07:41  14 september  2017
07:41  14 september  2017 Source:   fortune.com

Commonwealth Bank in board shake-up

  Commonwealth Bank in board shake-up Commonwealth Bank of Australia has announced a shake-up of its board, with three directors set to leave and experienced banker Rob Whitfield to take up a board seat. The changes come as the bank had battled numerous scandals including a prosecution by the money laundering regulator Austrac and the prospect of action from overseas regulators.CBA said Launa Inman and Harrison Young would retire at the bank's annual general meeting in November.

Tesla ’s vice president of business development, one of CEO Elon Musk’s most visible and valuable executives , has left the company. The departure of Diarmuid O’Connell, who helped Tesla negotiate its most important deals

Tesla ’s vice president of business development, one of CEO Elon Musk’s most visible and valuable executives , has left the company. Techland Has More Than Just iPhones on Its Mind.

Diarmuid O'Connell, Tesla Vice President Business Development, speaks during media previews at the North American International Auto Show in Detroit on Jan. 14, 2014. © Paul Sancya—AP Diarmuid O'Connell, Tesla Vice President Business Development, speaks during media previews at the North American International Auto Show in Detroit on Jan. 14, 2014. Tesla’s vice president of business development, one of CEO Elon Musk’s most visible and valuable executives, has left the company.

The departure of Diarmuid O’Connell, who helped Tesla negotiate its most important deals, including the purchase of its factory in California and building a massive battery factory in Nevada, comes as the company tries to ramp up production and deliveries of its Model 3 electric car.

It also follows a spate of other executive departures in the past six months, including Tesla’s director of battery technology in August.

The departure of Diarmuid O’Connell, who joined the company in 2006, was first reported by Bloomberg. A company spokesman confirmed to Fortune that O’Connell has left.

Planets aligning for surge in solar systems .
Since connecting a Tesla Powerwall 2 to their two-year-old solar panels a month ago, Andrew has become the power policeman in his family home. Checking a phone app, he knows at any time how much power is being used in the house and on which appliance.That is bad news for his teenage kids, who know they'll get dad ringing to ask: "Why are you using the overhead heat lamps when there is ducted heating in the bathroom? Close the door, heat up the bathroom and turn off the lights."The point of it all is to save money."With two teenage children, the power bills were heading the wrong way.

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