There has been a change in the legal representation of Tesla's operations in China, which could potentially be related to changes in the role or responsibilities of the company's China boss. It is not clear from the provided information what these changes might be or how they would be reflected in the individual's function within the company. It is also possible that the change in legal representation is not connected to any changes in the function of the company's China boss and is being made for other reasons.
It is not clear from the provided information what the specific change in Zhu's role at Tesla is or what the local media report is referring to. It is possible that the report is suggesting that Zhu's responsibilities or level of influence within the company have changed or are in the process of changing. Without more context, it is difficult to provide a more detailed or accurate interpretation of the statement.
According to data from Qichacha, the position of legal representative at Tesla Shanghai Co Ltd has been filled by Wang Hao, while Tom Zhu, Tesla's worldwide vice president and CEO for the Greater China region, has resigned from his previous role. This suggests that Zhu is no longer serving as the legal representative for Tesla Shanghai Co Ltd, and that Wang Hao has taken on this responsibility.
Tom Zhu - is this the new CEO of Tesla?The new policy became effective on December 22. Zhu will continue to serve as chairman of the company, while Wang, the general manager, will lead Tesla China. This suggests that Zhu will retain his position as chairman, but may have additional responsibilities or a different role within the company, while Wang will be responsible for overseeing the operations of Tesla China.
Tesla Shanghai is a company that was established in 2018, according to information available on Qichacha. The company has a registered capital of 4.67 billion RMB, which is the amount of money that it has available to fund its operations. Tesla Shanghai is fully owned by Tesla Motors HK Limited, which means that it is controlled and operated by that company. This information was sourced from Qichacha, a website that provides business information and company profiles for businesses in China.
Since the Shanghai facility started operations, Tesla's sales in China have greatly increased, and the company has put more effort into increasing production in the country.
The snippet of filing showing Tom Zhu stepping down from his legal representative roleAccording to the source, Tesla's orders in China began to decline in the latter part of this year, which coincided with the company running two promotions around that time. According to the Ping West article, Zhu is currently too busy to focus on increasing business in China, and the task has been given to Wang.
As the leader of the China destination charging program, Wang started working for Tesla in April 2014, as the company was beginning its expansion into China. He was promoted to the position of deputy general manager of Tesla China in January 2018, and became the general manager of Tesla China in August 2019.
According to Ping West, unidentified sources confirmed on December 8 that Tesla CEO Elon Musk had selected Zhu to succeed him as CEO of the electric vehicle business. The information was sourced from these sources.
The article states, citing a separate source, that Zhu will have a global role as CEO, but his responsibilities will likely be limited to Tesla's automotive sector. He will not be in charge of the company's self-driving or robotics projects. On December 8, Bloomberg also reported that Elon Musk had chosen Zhu to help run the new facility that Tesla had opened in Austin, Texas.
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