Tesla's Energy Chief Mike Snyder Leaves the Company

what happened

Mike Snyder, Tesla's vice president of energy and charging, has left the company, the Wall Street Journal reported, citing people familiar with the move. Snyder joined Tesla in 2014 and rose to lead the Megapack industrial battery division. He was promoted to vice president in 2024, during a companywide restructuring and layoffs that also led to the exit of several top executives, including longtime energy chief Drew Baglino. It is unclear what Snyder will do next. AJ Booth, senior director of energy products engineering, will succeed him. Tesla, Snyder and Booth did not respond to requests for comment.

Energy remains a small but growing part of Tesla's revenue. Energy storage deployments rose 9.6% in the third quarter, and energy made up about 11% of revenue in the first half of the year, versus 70% from electric vehicles. The company is expanding sales of industrial-scale batteries for data centers, alongside products for renewable generation and homes, and has proposed a $10 billion solar factory in Texas.

why it matters

A leadership change in the energy unit ahead of a planned expansion in storage could prompt investors to question management stability. Growth in battery deployments and data center demand will matter most for how much energy contributes to Tesla's overall performance, which remains dominated by vehicles.

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