Tesla announces Elon Musk's replacement as board chair: Robyn Denholm

After weeks of speculation, we now know who's going to replace Elon Musk as chairman of Tesla's board of directors: The CFO of Australian telecom Telstra, Robyn Delhorm.

According to the announcement, Denholm will be leaving Telstra after a six-month notice period to devote fully to Tesla.

SEE ALSO: Elon Musk knows some of his tweets are too much and that 'Tesla cannot die'

The task is not entirely new for Denholm; she's served on the Tesla Board as an independent director since 2014. Besides Telstra, her previous experience includes Juniper Network, Sun Microsystems and Toyota.

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“I believe in this company, I believe in its mission and I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value,” she said in a statement.

Musk, who will continue to serve as Tesla CEO, had to be replaced as chairman as part of his settlement with the SEC. It's all a result of Musk's tweet in August about taking the company private, which later turned out to be unsubstantiated.

“Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company,” Musk said in a statement.

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