Tesla’s longtime CTO is stepping down

Tesla Gigafactory

JB Straubel (middle) at Tesla’s Gigafactory press preview day in 2016. | Image: Jordan Golson

Longtime Tesla executive JB Straubel is leaving his post as chief technology officer after some 15 years, CEO Elon Musk announced Wednesday evening. Straubel will transition to a “senior advisor” role, according to Musk, and is not fully leaving the company. The news comes as Tesla announced a $408 million loss for the second quarter of 2019.

“I’m not disappearing, and I just wanted to make sure that people understand that this was not some, you know, lack of confidence in the company, or the team, or anything like that,” Straubel said on the call.

Vice president of technology Drew Baglino will take over Straubel’s responsibilities, Musk said, though it’s unclear if he’s formally assuming the CTO role. “I’ll just say, you know,…

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