While Tesla's stock price is holding up well into year end, the company's notorious insider defections continue. Jonathan Chang - Tesla's third general counsel in the past year - has now left the company. According to the Detroit News, Chang had just been promoted to the role in February and is leaving Tesla to take on the GC role at startup company SambaNova.
Chang joined Tesla back in 2011 and was put into the GC role after Dane Butswinkas, who was the "adult in the room" hired to help clean up Tesla's legal mess, lasted only two months (~60 whole days) at the company. Preceding Butswinkas was Todd Maron, Elon Musk's former divorce attorney, who had the role since 2014.
What a crew.
In the 9 months that Chang was at the company, the SEC asked CEO Elon Musk to be held in contempt of court. Musk settled with the SEC in April. That same month, Tesla began waging war with a skeptic that it accused of trespassing on its premises. Tesla was granted a restraining order against the skeptic which it then eventually withdrew for court after being asked to produce evidence of its claims against the skeptic.
In August, the company was sued by Walmart over faulty solar panels that Walmart alleged caused fires atop more than half a dozen of its stores. Most recently, Musk won defamation trial against Vern Unsworth, a heroic British cave diver that helped with the Thai cave rescues, who Musk labeled "pedo guy" and a "child rapist".
In any other company, Chang's departure would certainly signify something could be amiss below the surface. For Tesla...
But how could anyone see this coming? pic.twitter.com/GgbIvW6gv1— Chris DeMuth Jr (@ChrisDeMuthJr) December 12, 2019
Move along, surely nothing to see here.