Tesla energy executive Snyder steps down, WSJ reports
Tesla's vice president of energy and charging, Mike Snyder, has reportedly resigned from his position, according to a Wall Street Journal report dated October 15. His successor will be AJ Booth, the senior director of energy products engineering. Reuters was unable to confirm the report independently.
Snyder joined Tesla in 2014 and held various roles before becoming vice president in 2024. He rose to prominence by running Tesla's Megapack industrial battery division. The departure of Snyder comes after a series of top executives, including energy chief Drew Baglino, left the company due to a significant company-wide restructuring.
In the third quarter, Tesla's energy business expanded by 9.6%, measured by battery energy deployed. Energy accounted for approximately 11% of the company's total revenue in the first half of the year, while electric vehicles contributed to 70% of revenue. Tesla is actively expanding its sales of industrial-scale batteries, targeting data centers, renewable energy on the grid, and residential applications. The company also plans to build a $10 billion solar factory in Texas.
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