Tesla energy unit leadership changes as WSJ reports executive exit
Tesla is reshaping leadership in its growing energy and charging operations as the business takes a larger role in the company's revenue mix. Mike Snyder has stepped down as vice president of energy and charging, and AJ Booth is set to succeed him, according to the report.
Highlights
- Mike Snyder steps down as Tesla's vice president of energy and charging, succeeded by AJ Booth amid recent executive reshuffling.
- Tesla's energy business grows 9.6% in Q3 battery energy deployed, accounting for about 11% of total revenue in H1 2024.
- Tesla plans a proposed $10 billion solar factory in Texas, expanding its industrial battery and renewable energy offerings for data centers and grid applications.
Leadership transition in energy and charging
As reported by Reuters, citing The Wall Street Journal, Mike Snyder has stepped down from his role as Tesla's vice president of energy and charging. Reuters says Tesla does not immediately respond to a request for comment, and the news agency cannot independently verify the report.According to the report, AJ Booth, Tesla's senior director of energy products engineering, will succeed Snyder. Snyder joined Tesla in 2014, later led its Megapack industrial battery division, and was promoted to vice president in 2024 after a broader company restructuring that also saw the departure of several senior executives, including longtime energy chief Drew Baglino.
Energy business gains strategic weight
Tesla's energy business grows 9.6% in the third quarter when measured by battery energy deployed, the company says earlier this month. In the first half of the year, energy accounts for about 11% of total revenue, while electric vehicles contribute 70%.Tesla is expanding sales of industrial-scale batteries for data centers, alongside products for renewable energy use on the grid and in homes. The company also has a proposed plan to build a $10 billion solar factory in Texas, underscoring the broader importance of the energy segment to its long-term growth strategy.
Our earlier article on India’s clean energy investment surge noted that capital inflows rose 15% to $72 billion, lifting the country to fifth place in global energy transition investment rankings. We highlighted how this shift signals deeper long-term funding for renewables and related infrastructure across power, industrial fuels, and transport—supporting the broader build-out of the clean energy economy.
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