Tesla shares now down more than 7% in premarket trades

Tesla Inc.‘s Chief Accounting Officer Dave Morton resigned on Sept. 4, roughly a month after he joined the company, according to a regulatory filing published Friday. "Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," Morton said in the filing. "As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla‘s leadership or its financial reporting." The electric car maker‘s accounting functions will continue to be overseen by Chief Financial Officer Deepak Ahuja and his team. Shares fell 5.6% in premarket trade and are down 9.8% in 2018 through Thursday, while the S&P 500 has gained 7.7%.

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