Tesla, Tesla Motors’ battery electric car maker to be renamed, new CEO announced at Tesla CEO forum

  • September 1, 2021

The Tesla Motors Inc. said it will rename the company it has called “Tesla Air Conditioning” after a veteran electric car company in a bid to boost its image.

The automaker said in a statement Monday that its CEO Elon Musk and its chief financial officer, Josh Brown, will serve as the new leadership team.

Musk and Brown have been working together since early 2017.

Musk said in his speech Monday that the company is “committed to making electric vehicles a more popular choice for consumers.”

The announcement came on the same day Tesla said it has acquired the battery-electric vehicle maker’s battery factory in China, the largest in the world.

It said the deal will allow Tesla to scale its operations and bring back its production to China.

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