Summary:
Zachary Kirkhorn, the former chief financial officer (CFO) of Tesla, has stepped down from his position after serving for four and a half years. He will remain with the company until the end of 2023 to assist in the transition to a new CFO. Kirkhorn earned the nickname “Master of Coin” in 2021 following Tesla’s $1.5 billion bitcoin purchase. He will be succeeded by Vaibhav Taneja, the chief accounting officer. Kirkhorn expressed his gratitude to his colleagues and CEO Elon Musk for their support during his time at Tesla.
Key Points:
– Zachary Kirkhorn, the CFO of Tesla, has resigned after four and a half years in the position.
– He will continue to work with Tesla until the end of 2023 to aid in the transition to a new CFO.
– Kirkhorn gained the nickname “Master of Coin” after Tesla’s significant bitcoin purchase.
– Vaibhav Taneja, the chief accounting officer, will be the new CFO of Tesla.
– Kirkhorn expressed appreciation for his colleagues and Elon Musk’s leadership.
Hot Take:
Zachary Kirkhorn’s departure as CFO of Tesla marks the end of an era for the company. His involvement in Tesla’s foray into the cryptocurrency market and his contributions to the company’s financial success will be remembered. The appointment of Vaibhav Taneja as the new CFO indicates Tesla’s commitment to maintaining a strong financial team. The transition process will be crucial for ensuring a smooth handover of responsibilities.
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