Tesla’s finance chief exits, Taneja named new CFO | WION World DNA (Video)

desk light shifting its executive gears as its Chief Financial Officer Zachary kirkon a 13-year veteran at the electric car Giant and a potential successor to CEO Elon Musk stepped down from his role exactly now this is Paving the way for web of Tunisia an accounting Maverick to hold the wheel as Tesla's new CFO take a look at this report Tesla announced that its Chief Financial Officer Zachary kirkhorn once thought to be a possible successor to CEO Elon Musk is leaving the company the electric vehicle maker did not specify a reason but in a LinkedIn post on Monday kirkhorn wrote quote this morning Tesla announced that I've stepped down from my role as Chief Financial Officer succeeded by our chief accounting officer vaibav teenager 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 also thanked musk for his quote leadership and optimism kirkhorn did not immediately respond to queries when contacted on LinkedIn during his tenure Tesla posted its first quarterly profit after it launched the mass Market model 3 compact sedan and hit a market valuation of more than one trillion dollars The Wall Street Journal reported earlier this year that kirkhorn was being considered as a candidate to replace musk amid growing investor concern about the lack of a clear succession plan he will remain with the company through the end of the year to help with a smooth transition replacing kirkhorn in the CFO role dubbed master of coin by the company is vaibav teenager who will also retain his current job as Chief accounting officer Tesla this year has cut prices on its vehicles in an effort to prioritize sales growth and market share squeezing its industry-leading margins it's hinted at more price cuts to come in what musk called turbulent times as rising borrowing costs take a toll on the sales of electric vehicle makers Tesla shares fell as much as four percent in Monday morning Trading