BREAKING!: Tesla names Ze'ev Drori as new permanent CEO
Filed under: EV/Plug-in, Tesla Motors

Back in August when company founder Martin Eberhard stepped aside as CEO of Tesla Motors, Michael Marks was named as Interim CEO while the company searched for a new permanent leader. That search has apparently now concluded as Ze'ev Drori will step in next Monday as the new CEO. Drori was a founder of a company called Monolithic Memories that invented programmable array logic chips and was later acquired by processor manufacturer AMD. More recently Drori ran Clifford Electronics, a company that makes car security and remote start systems.
Update: The official press release from Tesla Chairman Elon Musk is now available after the jump with more detail on Ze-ev Drori's career.
[Source: Wall Street Journal, Tesla Motors: Sub. req'd, thanks to smoothy for the tip]
Tesla Motors Completes CEO Search
A Message from Elon Musk, Chairman of Tesla Motors:
For the past several months, the board of Tesla Motors has been engaged in a search for the right person to lead the company through its next phase of growth. During the search, we met with many candidates from a wide range of backgrounds, including both the automotive and high-tech sectors.Given what Tesla needs to accomplish, the ideal CEO is someone that understands the automotive sector, but also has a proven entrepreneurial and high-tech track record. Advancing our leading electric drivetrain technology is critical, but, above all, the Tesla CEO must be someone who will ensure that the products we deliver to customers are outstanding.
To that end, it is with great pleasure that I announce that Ze'ev Drori will become CEO of Tesla Motors, effective December 3rd.
Ze'ev is a successful high-tech entrepreneur and an experienced chief executive with the proven ability to create and manage companies with innovative products in both the high-tech and automotive sectors. He has more than 30 years of continual success and has demonstrated the ability to lead a company from conception to profitability, a public offering and thousands of employees.
The first company he founded was Monolithic Memories, a Silicon Valley semiconductor firm that pioneered fundamental advances in memory and logic technology, before being acquired by AMD in 1987. Under his leadership, Monolithic introduced programmable read-only memory (PROM) and programmable array logic (PAL), which revolutionized many aspects of computer and electronic systems technology. As CEO through 1981, Ze'ev was responsible for R&D, manufacturing, marketing, finance, world wide sales and overseas operations for product assembly. Ze'ev served as chairman of the board from 1981 through 1987.
After the sale of Monolithic Memories, Ze'ev purchased a controlling interest in Clifford Electronics, then a small start-up in auto security systems and the perfect combination of his twin passions for technology and automobiles. As chairman and CEO, he rapidly developed Clifford into the world's leading automobile security company through significant innovations, such as remote control alarms, and distribution relationships with domestic and international car manufacturers as well as a network of thousands of retail dealers. In 1999, Ze'ev sold Clifford Electronics to Allstate Insurance.
I would like to thank Michael Marks for his leadership of Tesla Motors as interim CEO for the last few months. Michael's experience with manufacturing and logistics has been very valuable for the company as it prepares to enter production of the Tesla Roadster. As an investor and customer, Michael will continue to be involved in Tesla.
- Elon Musk










Reader Comments (Page 1 of 1)
11-28-2007 @ 8:56PM
BillO said...
Hmm, this seems just a little bit strange. What has he been up to since 1999?
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11-28-2007 @ 9:19PM
Dogtown said...
My initial reaction is, disappointing choice.
I'm not sure what he has been up to since '99. Seems to have dropped off the radar. There is an Inc. Magazine article from '88 that talks about him purchasing Clifford. In the article it mentions that he is in his late 40's at the time,and that "No CEO should be in his position for more than 7 years." I guess things didn't quit go as planned from '88-'99 either. This seems like a cheap pick up.
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11-28-2007 @ 10:10PM
BlackbirdHighway said...
From my own web searching, it seems that since 1999 he's been spending time auto racing.
I'm an electronics engineer, and I remember his company, Monolithic Memories well. They were cutting edge stuff in their day.
It will be interesting to see what direction the company goes from here. I'm pretty sure in the short term they will continue to focus on getting the Roadster out the door, and we won't hear much about Whitestar until after that happens.
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11-28-2007 @ 11:00PM
Joseph said...
Yippee!!! Tesla has taken a step forwards toward White Star :)
It's funny though, the guy's name, Ze'ev, is kind of similar to ZEV, which mean zero emmisions vehicle. That term was applied to the famous ZEV mandate in California, in which automakers made electric cars. Oh, the irony! lol
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11-29-2007 @ 12:18AM
Yanquetino said...
I have been a huge fan and advocate for Tesla, but have to confess that this game of "CEO musical chairs" unsettles me. Truth be told, I never understood why Musk asked Eberhard to "step down" from the CEO position to that VP of Technology in the first place. It seemed to me that he had done an incredible job of taking a mere idea all the way to Validation Prototypes in record time, especially given the cutting-edge technology involved. More importantly, Martin was always open with the public, clarifying when projections were only projections, and even correcting numbers when it appeared they might be exaggerated. Would that more CEOs could be so forthright! But something seems fishy at this point. For example, what in the world happened to VP Gretchen Joyce? Not a word anywhere about her disappearance from the Tesla team! Hmmm. I dunno. The situation reminds me of what happened at Apple, when Sculley ended up ousting Steve Jobs --and we all know what a fiasco that was! Thank goodness Jobs agreed to return and turn the company completely around again. I just hope that Tesla is not making the same mistake, i.e., supplanting true visionaries with --ugh!-- corporate managers. I sure would like to be a fly-on-the-wall at Tesla at this point!
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11-29-2007 @ 1:45AM
susan.kraemer said...
I hope it is just that they see how big this is going to be, and Martin wants to stay focused on the tech side.
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11-29-2007 @ 7:57AM
Throwback said...
Is there anyone at the company that has any automotive experience, in sales, service or advertising? If they are serious about launching a "car" company as opposed to an internet start-up, they may want to get someone with after sales service experience. It's not in the buying where you lose buyers, it is on the service end. Especially if they plan to expand their product offerings.
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11-29-2007 @ 8:48AM
Tony Belding said...
Yanquetino. . . Despite my huge admiration for Martin Eberhard, I think it's probably for the best that he stepped down from the CEO slot.
He sometimes tended to cut corners. For examples. . . I gather that he wanted to use off-the-shelf headlights in the Roadster, he was against lowering the door sill (relative to the Elise), and he wanted to use a single-speed transmission. All of these choices would have made the Roadster quicker and cheaper to get into production -- but would have compromised its design. Musk prevailed on him to spend the extra time and money to do it right.
Sometimes Eberhard is slow to "face reality" and recognize the seriousness of a developing problem. He himself admitted this happened with the transmission, and they could have sorted things out a lot faster if he'd only made the decision to dump Xtrac and source another transmission about three months earlier than he did.
In a similar vein, by the time Eberhard resigned as CEO, the Roadster's production schedule had become unhinged. They had maybe one working example of the new transmission, and they were still planning to start building cars in a couple of months. They were planning to continue durability testing while cars were being assembled. That is no way to build cars!
So yeah. . . Emotionally I hated to see Eberhard demoted, because you know he was the founder and he'd really become the public face of Tesla Motors to a large extent. However, I could also see where his leadership style was causing some difficulties.
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11-29-2007 @ 10:43AM
Dan said...
Uh... does anyone see the trend??? CEO of Monolith from 81-87, then sells the company to AMD. Comes in as CEO of Clifford Security and sells it to Allstate Insurance.
I can just see the headlines in three years, "Ze'ev Drori sells entire Tesla Motors Corp. to General Motors"... or "Drori sells controlling stake of Tesla Motors to Saudi prince - Roadster now to come with 6.2L V-8 gas burner."
What are they... retarded?
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11-29-2007 @ 10:48AM
Yanquetino said...
Tony: I hope your assessment of the situation is the correct one. We all want to see Tesla succeed, especially Martin, so let's hope that the personnel issues are now a thing of the past.
Funny thing is... I would have been perfectly happy with off-the-shelf headlights and higher door sills, and would have preferred a single-speed transmission! Of course, I might be the sole voice in the wilderness, but I wonder if others feel the same way...? And the real irony is that all those changes put more and more delays into the process --yet Martin ends up spanked for being "slow to face reality"!
Also, I still want to know what happened to Gretchen Joyce. She was someone who, given her previous positions, indeed had "automotive experience, in sales, service or advertising." Why did she suddenly just "disappear"? And without a word?
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11-29-2007 @ 11:38AM
Tony Belding said...
The headlights and door sills are something that can be argued different ways. I've climbed into and out of an Elise before, it was mighty awkward. Since changing that required redesigning the whole chassis, they ended up making other improvements while they were at it.
AS for the transmission. . . It has certainly turned into a bigger problem than anybody would have expected. If they knew at the beginning what they know now, they might have gone with a single speed. However, there's no question about which I prefer. The two-speed transmission, once they get it working properly, will be definitely superior. It will accelerate harder, it will allow a higher top speed, and it will give you easy access to two different regen profiles. And anyhow, a sports car without a shifter just wouldn't be right.
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11-30-2007 @ 6:38AM
J said...
I'm pretty sure Ze'ev Drori is an israeli name.
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12-01-2007 @ 8:50PM
Yanquetino said...
Tony: "a sports car without a shifter just wouldn't be right"...? Ouch. My BMW Z3 has an automatic. It also has a manual mode, but --funny thing-- I never use it anymore. I've learned to love not having to shift! And, believe me, it really hauls. Ah, well... I guess I really am a sole voice in the wilderness!
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