Tesla’s ‘Master of Coin’ is stepping down after 13-year stint at EV company
Tesla’s “Master of Coin” has stepped down after working at the Elon Musk-owned electric vehicle company for over 13 years. Zachary Kirkhorn became Tesla’s chief financial officer four and a half years ago in 2019, and was reportedly a potential successor to Mr Musk in running the EV company. The Tesla boss had dubbed him “Master of Coin” in 2021 – a reference to a title in hit TV series Game of Thrones. “During his tenure, Tesla has seen tremendous expansion and growth. Tesla thanks Mr Kirkhorn for his significant contributions,” Tesla noted in an SEC filing. Tesla’s current chief accounting officer, Vaibhav Taneja, will succeed Mr Kirkhorn, the electric automaker said on Monday. “This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja,” Mr Kirkhorn posted on his LinkedIn profile. “Being a part of this company is a special experience and I’m extremely proud of the work we’ve done together since I joined over 13 years ago,” he said. Mr Taneja previously worked as Tesla’s chief accounting officer up to March 2019, prior to which he worked as corporate controller from May 2018. It remains unclear what led to Mr Kirkhorn’s surprise decision to quit his role as Tesla’s CFO. Tesla recently announced its second quarter earnings, reporting a 20 per cent increase from the same quarter last year, better than what analysts estimated. Mr Kirkhorn’s departure also comes ahead of Tesla’s much-anticipated launch of its Cybertruck later this year. “As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought not possible,” he said. Tesla shares dropped by about 3.5 per cent on Monday following the news, and continued to fall as the market opened. Mr Kirkhorn is expected to stay on till the end of 2023 to assist his successor with the transition. “I would like to thank Zach Kirkhorn for his many contributions to Tesla over the course of 13 often difficult years,” Mr Musk tweeted. Read More ‘It’s the factories that won’t be built’: Understanding the Brexit damage to economy Mark Zuckerberg’s wife not happy as he puts UFC octagon in garden ahead of Elon Musk fight Elon Musk ‘stopped Ukraine military using Starlink for military operation’ Zuckerberg says he is ‘ready today’ but ‘not holding breath’ for cage fight with Musk Musk pledges to fund legal bills of X users ‘unfairly treated’ by employers for posts Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order
2023-08-08 13:43
Chinese officials, U.S. commander meet at Fiji conference
WASHINGTON A Chinese delegation met with a senior U.S. military official during a conference earlier this month, the
2023-09-01 04:17
Sky suspend F1 pundits after sexist comments live on air
Two Sky Italia commentators have been suspended after making sexist comments during the channel’s coverage of the Spanish Grand Prix on Sunday. Matto Bobbi and Davide Valsecchi made the remarks during live post-race coverage in Barcelona for Italian broadcaster Sky Sport. Referring to a woman in the background in the paddock, Bobbi, who was speaking from a separate studio, described her as an “upgrade package.” Valsecchi looked behind him and replied: “I know, but they told me I can’t test them. So I raise my hands.” Alongside Valsecchi was host Federica Masolin, who looked uncomfortable as the conversation progressed. She then interjected: “I ask for political asylum. Can’t we watch some interviews instead of listening to these two? Let’s hear from Carlos Sainz, please. I’m going to censor you two.” She then later read out a viewer’s comment on air, asking: “Will we see them [Bobbi and Valsecchi] safe and sound again at the next grand prix after these comments – that will be greatly appreciated by their wives?” Bobbi replied: “I think I’ll get a beating if I go home,” while Valsecchi said: “Well you know I’ve had eye surgery twice because I’ve been losing sight since I was a child, looking at those things.” Both have since apologised for their remarks but Sky Italia told The Guardian that Bobbi and Valsecchi have been “temporarily suspended” and will not work during the next race, the Canadian Grand Prix. Bobbi said: “I sincerely apologise to anyone who may have felt offended and wish to reiterate my total and profound respect for everyone and for women. “For 10 years, I have been commenting on F1 with friends from Sky, who have become like a family to me now and, in 10 years, I have never found myself in such an unpleasant situation. “I’ve always thought that you learn, understand and start again from your mistakes. What happened will lead me to try to improve further as a man and as a professional.” Valsecchi posted on Instagram: “I’m very sorry because, on Sunday, after the race, I exchanged some jokes that were in bad taste and used inappropriate and disrespectful words. “And I’m not like this. I would really like to apologise to those who felt offended, to women and to Sky.” Bobbi was a test driver for Minardi in the 2000s while Valsecchi won GP2 – now known as F2 – in 2012 but did not land a Formula 1 race seat. Read More F1 makes South African Grand Prix call for 2024 calendar F1 gives Canadian Grand Prix update after wildfires cause smoke to descend on Montreal F1 makes South African Grand Prix call for 2024 calendar F1 gives Canadian Grand Prix update after smoke descends on Montreal Lewis Hamilton: 18 months, 12 podiums and an elusive race victory
2023-06-09 22:05
Police probe after human skull dropped at Arizona Goodwill
A human skull was found in a donation box at a Goodwill store in Arizona, prompting local authorities to open an investigation into the "unusual" contribution. The skull with a fake eye and several teeth still attached was discovered by an employee on Tuesday who informed the authorities as they feared it was related to a crime. Police said officers responded to the reports of skull discovery and took possession of what was believed to be “an actual human skull”. The box was dropped off at some point over the weekend, Goodyear Police spokesperson Lisa Berry said. It “did not ever make it to the floor. It was in the donation box, again, with other taxidermy items”, Ms Berry told ABC15. "This is an unusual one," she added. A Goodwill spokesperson said the employee “followed protocol” by calling the police immediately after discovering the skill. “Goodwill is cooperating with the appropriate authorities,” the spokesperson said in a statement. The box was placed into a store’s bin without a return address, according to authorities. The skeletal remains were sent to the Maricopa County medical examiner’s office where the officials found the skull to be of "historic origin" dismissing any possibility of foul play. "It appears to be historic, ancient and does not appear to have any forensic value at all,” said Ms Berry. “And what that means is that no crime is attached to this skull.” She praised the employees who alerted authorities, saying: "Goodwill did do the right thing. Anything suspicious should always be reported." Sydney Steele, a Goodwill shopper, KPHO-TV that they were shocked to hear about the news of the skull discovery. “I’ve never heard of anything donated like this, especially here,” she said. “I come to this Goodwill all the time and I’ve never heard of anything that crazy being donated.” Read More Woman in ‘living hell’ with brain slipping down her spine after ice-skating accident Confessions, a damning dog video and ‘family annihilator’: Key revelations from Alex Murdaugh’s trial An Indiana worker allegedly smashed his colleague’s head with a hammer. He then told a coworker ‘s*** happens’
2023-09-08 15:32
'Black Panther' star Chadwick Boseman's 'suave flare' remembered by Lupita Nyong'o on anniversary of his death
Chadwick Boseman may be gone, but he is not forgotten.
2023-08-29 06:45
Verstappen claims sixth pole position of season at Austrian GP
World champion Max Verstappen of Red Bull claimed his sixth pole position of the season at the Austrian...
2023-07-01 00:45
Baltimore shooting latest: Two dead and 28 injured in block party attack as gunman still at large
Two people have died, and 28 are injured, including three people who are in critical condition, after a mass shooting in Baltimore. Baltimore Police Department acting commissioner Richard Worley confirmed the number of dead and injured during a press conference at the scene. Nine people were transported to area hospitals after being found with gunshot wounds by police. Police said the gunman remains at large, but clarified there is no known motive at this time. Worley said investigators are “working an extensive crime scene.” The shooting took place in the 800 block of Gretna Avenue early Sunday morning. Hundreds of people were gathered in the area for an event called “Brooklyn Day,” a witness told TV station Fox 45, adding that they had heard 20 to 30 shots fired Mayor Brandon Scott described the shooting as “reckless” and “cowardly”. “We will not stop until we find you—and we will find you,” Mr Scott said, speaking about the perpetrator. Read More Baltimore: Mayor condemns ‘reckless’ mass shooting of 30 people Baltimore mass shooting: Two dead, three critical and 25 more injured in ‘cowardly act’
2023-07-02 18:23
Matthew Perry death: Actor's assistant called 'mystery woman' after breaking news of his death to family
Despite experiencing a turbulent love life in his younger days, Matthew Perry was believed to be single at the time of his death
2023-10-30 17:34
When will 'Hoffman Family Gold' Season 2 air? Release date, time and how to watch Discovery show
Hoffman family members will compete with each other to find the most gold from the same Alaskan mine in 'Hoffman Family Gold' Season 2
2023-06-16 08:01
Olivia Dunne tries TikTok's 'aged' filter trend, expresses discontent with outcome, Internet calls it 'legit scary'
Olivia Dunne said, 'I don’t like it. I don’t like it at all. No,' after using the TikTok filter
2023-08-01 18:03
Jalen Hurts runs for 2 TDs, throws for a score; Eagles hold off fumble-prone Vikings 34-28
Jalen Hurts ran for a pair of 1-yard touchdowns and threw a 63-yard TD pass to DeVonta Smith, D’Andre Swift ran for 175 yards and a score, and the NFC champion Philadelphia Eagles held off the turnover-prone Minnesota Vikings 34-28
2023-09-15 11:33
Square Announces First-Ever Seller Awards, Celebrating Businesses Around the World
OAKLAND, Calif.--(BUSINESS WIRE)--Oct 11, 2023--
2023-10-11 16:02
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