Tesla has appointed Raj Jegannathan, a long-time IT executive with no sales background, to lead its sales team amid declining vehicle sales and leadership changes, raising questions about the company's strategic direction and future sales performance.
TikTok's COO, V Pappas, has stepped down after five years, signaling a potentially broader shake-up for the Chinese-owned tech giant as it faces a battle for survival in Washington. The executive changes were intended to "evolve" the company's organizational structure, including the promotion of TikTok chief of staff Adam Presser to head of operations and the hiring of a Disney veteran, Zenia Mucha, to become the company's chief brand and communications officer. TikTok is facing an existential threat from U.S. lawmakers and government officials, who have expressed interest in heavily regulating or banning the company due to fears of Chinese-government involvement.