Earlier, Williams delivered a speech in which he said, "It's better to take preventative measures than to wait for disaster to unfold."The Fedread more
The country's Revolutionary Guards say they will soon releasePoliticsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Market researcher James Bianco believes it's crucial to get a half point cut at the next Federal Reserve meeting.Trading Nationread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
President Trump said he's looking at the JEDI contract that will be awarded to Microsoft or Amazon.Technologyread more
Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
Another Tesla executive is leaving the company, the electric car maker confirmed Wednesday.
Vice president of worldwide finance Justin McAnear will leave Tesla to become chief financial officer at an unnamed firm. It is the latest departure for Tesla which has seen tremendous turnover in its ranks as it struggles to grow into a mature mainstream automaker.
"Several weeks ago, I announced to my team that I would be leaving Tesla because I had the chance to take a CFO role at another company," McAnear said in a statement obtained by CNBC. "I've truly loved my time at Tesla, and I have great respect for my colleagues and the work they do, but this was simply an opportunity I couldn't pass up."
He said any other speculation over the reasons for his departure are inaccurate.
"I've been working with the team to ensure a smooth transition prior to my last day on October 7th, and a number of members of the team are stepping up to fill my role," he said.
A long list of executives and high-profile employees have left Tesla in recent weeks. Tesla's chief accounting officer Dave Morton left the company in early September after just several weeks on the job. The company's engineering chief Doug Field left in July after taking a leave of absence. Prior to McAnear's announcement, short seller and Tesla critic Jim Chanos had listed 41 executives that have left Tesla in 2018, including human resources chief Gaby Toledano, and vice president of communications Sarah O'Brien.
Tesla said it was promoting several new executives in early September.