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Facebook (FB) Lures Key Tech Exec Away from Tesla (TSLA)

July 6, 2016 7:42 AM EDT

Facebook (Nasdaq: FB) is said to have hired a top executive from Tesla (Nasdaq: TSLA) to work at its research lab.

Bloomberg noted Wednesday morning that Rich Heley will join Facebook from Tesla, where he was recently VP of product technology for the company. Heley will work in Facebook's Building 8 research lab.

Heley is likely to work on hardware projects for Facebook following recent commentary by CEO Mark Zuckerberg, which highlighted the social media giant's efforts to expand its hardware role. Building 8 operates separately from the Oculus VR facility.

Prior to Tesla, Heley worked at Apple (Nasdaq: AAPL)



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