Tesla Supplier Panasonic Replaces Elon Musk Supporter Kazuhiro Tsuga As CEO

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Panasonic Corporation (OTC: PCRFY) has appointed Yuki Kusumi as CEO of its automotive business replacing Tesla Inc (NASDAQ: TSLA) supporter Kazuhiro Tsuga, Reuters reported Friday (Tokyo time).

What Happened: Kusumi will take over from Tsuga, who is considered to be a supporter of Tesla CEO Elon Musk, on April 1.

Kusumi oversaw the launch of a joint battery venture with Toyota Motor Corporation (NYSE: TM) in April.

The change …

Full story available on Benzinga.com

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