to-the-point: SolarCity's Peter Rive also leaves Tesla
Peter (right) and Lyndon (left). Author: Steve Jurvetson.
Peter Rive is also leaving Tesla Inc (NASDAQ:TSLA) to focus on “other projects”, it was announced last week.
Peter and Lyndon Rive in 2006 founded solar installer SolarCity (NASDAQ:SCTY) and acted as CTO and CEO, respectively, until the company was acquired by Tesla, headed by Rive’s cousin Elon Musk, in November 2016.
Lyndon left Tesla in June and Peter is now departing too. Peter says in a letter that work on the Solar Roof, which it calls “one of the most important products of the century”, will be taken on by other engineering leaders at the sustainable energy company.