Michael Marks has been named interim CEO of electric car maker Tesla Motors, with current CEO Martin Eberhard becoming the company's president of technology. The company is already searching for a fulltime replacement. Marks is the former CEO of Flextronics, who joined KKR in early 2006 and was an early Tesla investor. He will remain with KKR. Tesla has raised nearly $100 million in VC funding from firms like Draper Fisher Jurvetson, Technology Partners, JPMorgan Partners, Valor Equity Partners and VantagePoint Venture Partners.
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