Tesla’s Chief Accounting Officer Eric Branderiz has left the automaker for personal reasons, according to a filing on the Securities and Exchange Commission on Thursday.
Branderiz joined Tesla as chief accounting officer and corporate controller in 2016 while the business was dealing with controversial $2.6 billion acquisition of SolarCity. He could not be reached for a comment.
“On March 7, 2018, Eric Branderiz left Tesla for personal reasons. Tesla appreciates Eric’s service to the company,” said the car manufacturer in the filing.
Before he joined Tesla, Branderiz was a senior vice president and chief accounting officer at SunPower, a solar energy installer, which is now owned by Total S.A.
Elon Musk, Tesla’s chief executive officer, has been credited with being a co-founder of SolarCity, along with CEO Lyndon Rive, who is Musk’s first cousin.
Musk was the largest shareholder in both companies before the aforementioned acquisition. The takeover was criticized by a number of investors as a conflict-ridden bailout.
In October last year, huge dismissals at Tesla affected SolarCity employees hard. Many of those who joined Tesla via the acquisition claimed that they were not given a performance review before they were fired.
Recently, Tesla has lost some grounds to its competitor, SunRun, in the residential solar market. It has also seen a 57 percent drop in solar installations over the past six quarters.
Musk Sides with Trump
Meanwhile, Elon Musk has sided with US President Donald Trump about the tariff proposals for Chinese cars.
“Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints & other factors,” Tesla’s CEO tweeted in response to Trump’s tweet about trade with China.
“I am against import duties in general, but the current rules make things very difficult. It’s like competing in an Olympic race wearing lead shoes,” Musk said.
Musk also said that China puts a 25 percent import duty on American cars, while the US only charges 2.5 percent on Chinese cars. He also added that no car company from the US is “allowed to own even 50 percent of their own factory” in the world’s second biggest economy. China, on the other hand, can own their companies in the US.
Trump answered Musk’s tweets regarding his steel and aluminum tariff during a press conference.
“We are going to be doing a reciprocal tax program at some point, so that if China is going to charge us 25 percent or if India is going to charge us 75 percent and we charge them nothing… We’re going to be at those same numbers. It’s called reciprocal, a mirror tax,” Trump stated after reading Musk’s tweets out loud.