Tesla Falls After Executives Leave Before Electric Model S Debut
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Tesla Motors Inc. plunged a record 19 percent after saying two senior engineers on the new Model S luxury sedan left the U.S. electric-car maker just months before the auto goes on sale.
Peter Rawlinson, Tesla’s vice president and chief engineer, and Nick Sampson, who supervised vehicle and chassis engineering, departed this month, according to Ricardo Reyes, a spokesman for the Palo Alto, California-based company.