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DG Innovate soars as former Tesla execs take charge

Shares in a Welsh car battery firm nearly tripled after it hired three former Tesla executives.

DG Innovate surged 176 per cent after it named Peter Bardenfleth-Hansen as chief executive while Christian Eidem and Jochen Rudat will join as executive directors.

All three have previously worked at the US electric car giant, with Bardenfleth-Hansen and Rudat holding senior roles at Tesla’s European teams.

DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. Deregallera is a subsidiary of DG Innovate.

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