After serving for 13 years, a core executive of Tesla, Inc. (TSLA.US) resigned, causing the company to be deeply embroiled in a triple crisis of sales, brand and leadership.
Rajeev Jayaraman, a senior executive who has been with Tesla for 13 years, officially announced his resignation on Monday.
Senior executive Raj Jegannathan, who has been with Tesla, Inc. (TSLA.US) for 13 years, officially announced his resignation on Monday. As Vice President in charge of information technology, artificial intelligence infrastructure, business applications, and information security at the company, Jegannathan reflected, "The journey at Tesla, Inc. has been a constantly evolving process."
Last year, Jegannathan was appointed to take over the sales team at this electric car manufacturer after North American Sales Director Troy Jones was dismissed.
However, Tesla, Inc. is currently facing serious challenges its core car sales have been continuously declining, and the brand's reputation has been impacted by multiple factors: on one hand, the aging electric car product line is struggling to meet market demand; on the other hand, consumers are showing strong resistance towards CEO Elon Musk's inflammatory political remarks, involvement in the Trump administration affairs, and support for far-right personalities and parties around the world.
As of now, neither Tesla, Inc. nor Jegannathan have made an immediate response to the rumors of his resignation.
According to the latest financial report, Tesla, Inc.'s revenue dropped by 3% compared to the previous year in 2025, marking the first annual decline in recorded history. In this context, the company is under dual pressure: it needs to revitalize electric car sales to turnaround the decline, and also fulfill its long-term commitment to delivering autonomous driving systems and vehicles that can transport passengers without human intervention.
Related Articles

HK Stock Market Move | CMOC Group Limited (03993) rose by over 3%. Citigroup predicts that the recently acquired assets will contribute 7.1 tons of attributable gold production to the company within the year.

Policy funds drive both wheels, Hong Kong stocks quantum targets set up the layout window GOFINTECH QUANT (00290) anchors cross-border integration opportunities.

HK Stock Market Move | Rising over 9%, Jl Mag Rare-Earth (06680) continues to climb. The price of rare earths is continuously increasing. Institutions predict that the sector will evolve with both valuation and performance doubling.
HK Stock Market Move | CMOC Group Limited (03993) rose by over 3%. Citigroup predicts that the recently acquired assets will contribute 7.1 tons of attributable gold production to the company within the year.

Policy funds drive both wheels, Hong Kong stocks quantum targets set up the layout window GOFINTECH QUANT (00290) anchors cross-border integration opportunities.

HK Stock Market Move | Rising over 9%, Jl Mag Rare-Earth (06680) continues to climb. The price of rare earths is continuously increasing. Institutions predict that the sector will evolve with both valuation and performance doubling.

RECOMMEND

Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026

Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026

Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026


