Tesla Gains Airbnb Co-Founder as Board of Directors— Who’s Leaving?

Tesla gained Airbnb co-founder as one of the independent members of its board of directors, a recent regulatory filing confirms.

The newly appointed member of the board, Joseph Gebbia Jr., is widely known as one of the founders of the giant rental platform Airbnb.

Tesla Gains Airbnb Co-Founder as Board of Directors

As per the latest news by CNBC, a recent filing at the Securities and Exchange Commission disclosed that the Elon Musk-owned EV maker, Tesla, is adding designer and billionaire Joe Gebbia to its board.

The news outlet notes that the new board of directors of the automaker has been with Airbnb since its infancy days, before it became ubiquitous all around the world. However, the co-founder left the rental platform last July.

But it is worth noting that the designer is still part of the short-term rental behemoth. Gebbia still sits as the chair at Airbnb.org, which is a non-profit organization that centers on sheltering folks in troubling times, such as calamities.

On top of that, the Airbnb co-founder is also part of its board.

And this time, both Tesla and an SEC filing have confirmed that Gebbia has joined the board of the giant all-electric automaker.

According to a recent report by Electrek, the regulatory filing confirms that the appointment of the Airbnb co-founder is effective on September 25.

The SEC filing further notes that "Joseph Gebbia was appointed to serve as a member of the Board of Directors (the "Board") of Tesla, Inc. ("Tesla")."

It is worth mentioning that Gebbia has no public relation to the Chief Executive Officer of giant EV maker, Musk. It is also unknown if the Airbnb co-founder is one of the investors of the automaker.

Who's Leaving Tesla?

But who is Gebbie replacing on the Tesla board of directors?

Gebbia essentially replaces Larry Ellison, who has been a member of the board of directors since December 2018.

Electrek adds in its report that Tesla announced the departure of Ellison last June. But when the giant automaker revealed it, the tech firm said that the billionaire founder of Oracle would not be replaced.

Tesla Board Members

CNBC reports that besides Gebbia, Tesla has other non-executive board member. It includes media mogul James Murdoch, who formerly led 21st Century Fox.

United Nations special envoy on innovative finance and sustainable investing, Hiro Hizuno, also sits on the board of directors. The founder of DBL Partners, Ira Ehrenpreis, and Chair Robyn Denholm also join them on the Tesla board.

And lastly, the brother of the big boss of Tesla, restaurateur Kimbal Musk, is part of the non-executive board as well.

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Written by Teejay Boris