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Uber Technologies nyse Uber Taps Ex tesla Exec Rebecca Tinucci to Lead Ev Transition

Uber Technologies (NYSE: UBER) Taps Ex-Tesla Exec Rebecca Tinucci to Lead EV Transition

Uber Technologies (NYSE: UBER) has hired former Tesla (NASDAQ: TSLA) executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles, according to an internal memo seen by Reuters on Tuesday.

Uber has a plan to completely electrify its vehicle fleet by 2040 and vowed to invest $800 million through 2025 to help reach its goal.

Tinucci will start on September 16 as Uber’s global head of sustainability to help oversee the company’s transition to a zero-emission platform. She will report to Andrew Macdonald, head of Uber’s mobility business.

The former Tesla charging head will also oversee sustainable packaging partnerships and help end unnecessary plastic waste from restaurant deliveries.

“Her deep expertise, relationships across the automotive industry… will be an incredible asset to the Uber team as we continue to drive towards zero emissions,” Macdonald said in the memo.

Tinucci was a part of Tesla’s top brass, leading its EV charging team before company chief Elon Musk disbanded most of the team as a part of large cost-cutting efforts.

Uber (NYSE: UBER) has also been working with top EV brands like Tesla and Chinese automaker BYD to promote the adoption of battery-powered vehicles.

Earlier this month, Uber reported strong second-quarter results on strong demand for ride-sharing as more people return to offices and spend freely on its food-delivery services.

(Source: ReutersReuters)

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Mark Glenn
Mark Glenn is a financial journalist and breaking news reporter for ABBO News. Mark is known for his ability to deliver real-time news updates on market developments, mergers and acquisitions, corporate earnings reports, and regulatory changes, helping investors stay informed and make sound financial decisions.