Tesla executive Baglino leaves as Musk loses another top deputy

Two of Tesla Inc.’s top executives have left the carmaker in the midst of its latest round of job cuts, according to people familiar with the matter.

Senior Vice President Drew Baglino resigned from the company, according to one of the people, who asked not to be identified because the information is private. He’s been one of just four named executive officers at Tesla, leading engineering and technology development for its batteries, motors and energy products. 

The 18-year company veteran — who co-hosted earnings calls and shared the stage with Chief Executive Officer Elon Musk at multiple events, including Tesla’s investor day just over a year ago — is leaving along with Rohan Patel, Tesla’s vice president of public policy and business development.

Tesla and Musk didn’t respond to requests for comment. The carmaker’s shares dropped more than 3 per cent shortly after the start of regular trading Monday. The stock has fallen 33 per cent this year.