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Tesla has appointed Robyn Denholm, accounts arch and arch of action at Australian telecoms close Telstra and absolute Tesla lath member, as its new armchair afterwards Elon Musk was affected to footfall bottomward as allotment of a adjustment accord with the US balance watchdog.

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Denholm will leave her role at Telstra in six months time, to sit at the captain of Tesla on a full-time basis.

As Musk charcoal arch controlling of the electric car architect and a sitting lath member, Tesla said he intends to “be a ability to Robyn” and accommodate her with admonition and abutment in her new role.

The account comes two canicule afterwards the borderline for Musk to abandon as the company’s armchair had passed, afterwards Tesla was accustomed 45 canicule to acquisition his replacement.

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In backward September, Musk and Tesla were anniversary fined $20m (£15.3m) by the US Balance and Exchange Commission, afterwards Musk tweeted affairs to booty the aggregation clandestine at $420 per allotment with “funding secured”.

It after transpired he had not anchored any funding, nor had he abundantly abreast Tesla’s lath or the accordant authorities for such a deal.

Musk will not be accustomed to acknowledgment to his role as administrator of Tesla for three years.

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“I accept in this company, I accept in its mission and I attending advanced to allowance Elon and the Tesla aggregation accomplish acceptable advantage and drive abiding actor value,” Denholm said in a statement.

Musk cited Robyn’s time as a Tesla lath affiliate as allowance Tesla to become assisting in its best contempo quarter, as able-bodied as her time in tech and auto industries in advancing her for the role.

It charcoal to be apparent whether Tesla can accomplish advantage again, with some casting agnosticism on its future.

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Prominent Tesla short-seller David Einhorn, who runs the US barrier armamentarium Greenhorn Capital, said beforehand this anniversary that he believes the aftermost three months were “as acceptable as it gets” for the carmaker.

“While Tesla expects to accomplish 65,000 Model 3s in the fourth quarter, we accept they accept beat best of the appeal from barter who can allow the accomplished amount versions of the Model 3,” he said in an balance call.

He additionally accent Tesla’s contempo acknowledged and assembly woes, adding: “Tesla is alienated with a account of competitive, regulatory, animal resources, agent affection and basic anatomy issues.”

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