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Tesla hires former Apple exec to head vehicle development

Tesla Motors said Thursday that it has hired Apple Vice President Doug Field to head new vehicle development.

Field most recently directed Mac hardware engineering at Apple and led the development of a number of products, including the latest MacBook Air, MacBook Pro and iMac, Tesla said in a statement.

Field started his career as an engineer at Ford Motor, the company said.

(Read more: Tesla's Elon Musk wants to make sub car a reality)

Tesla, which designs and makes electric cars, posted its first quarterly profit in May. The company's stock has risen fourfold this year.

By CNBC's Anna Andrianova. Follow her on Twitter @AndrianovaAnna

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