Jack Hartung joins Tesla's board amid declining sales
- Tesla has appointed Jack Hartung, a veteran of Chipotle, to its board of directors and audit committee, effective June 1, 2025.
- The company faces significant challenges, including declining electric vehicle sales and a decreasing stock price of 14% this year.
- Hartung's financial expertise is expected to bolster Tesla's governance as the company navigates its current financial difficulties.
On June 1, 2025, Jack Hartung, a long-time executive from Chipotle, will officially begin his role on Tesla’s board of directors and its audit committee. This decision, disclosed in a filing with the SEC, highlights Hartung’s financial expertise, particularly recognized during his tenure at Chipotle amid the challenges posed by the Covid pandemic. Tesla has faced rising concerns regarding its declining electric vehicle sales and profitability, as well as worries about CEO Elon Musk's attention being divided due to his other ventures, including work for the Trump administration. Hartung's addition expands Tesla's board to nine members, and his relationship with the company is notably tied to his family, with his son-in-law working for Tesla. Recent statements from Musk indicate he is attempting to reduce his government involvement, promising that it will