Appointing new Twitter CEO will allow me to focus on Tesla: Elon Musk

"It takes time to get the manufacturing line going, and this is really a very radical product. It's not made in the way that other cars are made," Musk said late last month.

Elon Musk

The appointment of Linda Yaccarino, former Chairman of Global Advertising and Partnerships at NBC Universal, as Twitter CEO will free Elon Musk to devote more to Tesla and bring it back on course.

Musk's role will now transition to being executive chair and CTO, "overseeing product, software and system operations."