Investing.com - Tesla (NASDAQ:TSLA) stock tanked on Friday, amid reports that its chief accounting officer and human resources chief resigned.
The company's chief accounting officer Dave Morton resigned from the luxury car maker on Tuesday, according to a regulatory filing from the company.
“Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," Morton said in statement. "As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting.”
Meanwhile human resources executive Gabrielle Toledano is not planning to return to the company from her leave, accodring to various published reports. Toledano was on leave since the end of August.
Tesla stock slumped 6.21% as of 10:09 AM ET (14:09 GMT).
The company has been under fire recently after chief executive Elon Musk tweeted in August he had "funding secured" to take the company private at $420 per share.
Musk later said he would not take the firm private, but still faces an investigation from regulators on whether or not he breached securities laws.
Short-seller Andrew Left is suing Tesla and Musk for stock manipulation, alleging Musk's since-abandoned plan to take Tesla private was designed to “burn” investors who were betting against the share price of the company.
Tesla’s accounting will be overseen by its chief financial officer and its corporate controller, the company said.