Tesla shocked to change CFO title to “Master of Coin”

Tesla shocked to change CFO title to “Master of Coin”


2021-03-23 08:35:56

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It’s a joke … but it is true that Tesla’s Chief Financial Officer (CFO) Zach Kirkhorn has been renamed “Master of Coin”.

Specifically, according to the Wall Street Journal, electric car company Tesla has just said that CEO Elon Musk of the company has been changed the title to “Technoking of Tesla”, while Chief Financial Officer (CFO) Zach Kirkhorn has been changed. reputation “Master of Coin”.

In a filing to the US Stock Exchange, Tesla did not explain the meaning of these titles and did not respond to questions about them from the media. The electric car company just said that both Musk and Kirkhorn will continue to take over the roles of CEO and CFO, despite being renamed.

While “Master of Coin” can be interpreted as “master of currencies”, Elon Musk’s “Technoking of Tesla” title is confusing. Billionaire Elon Musk has also updated the description on Twitter to a new nickname, which seems to be the idea he proposed.

The name “technoking” of Elon Musk can refer to “technology” or techno music, because Tesla boss has tried to make 2 songs posted on SoundCloud with Emo G Records account.

According to Wedbush analyst Daniel Ives, Musk’s “Technoking of Tesla” title implies that the billionaire sees Tesla as a company that will create technological breakthroughs in the future, especially with robots, Fully autonomous electric cars and other technological advances.

Meanwhile, CFO Zach Kirkhorn’s “Master of Coin” title is seen as a sign that Tesla will continue to invest in Bitcoin in the coming years.

In early February this year, Tesla revealed it had invested $ 1.5 billion in Bitcoin, and so far could have made a profit of nearly $ 1.2 billion. Tesla also plans to accept Bitcoin as a means of payment for customers buying electric cars

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