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Tesla, Inc. 8-k filing – CFO leaves Tesla

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Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#11

Post by justapassenger »

bawolff wrote: post #3
freedude wrote: post #2

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. As of August 4, 2023, Tesla, Inc. (“Tesla”) appointed Vaibhav Taneja as Chief Financial Officer in addition to his current role as Chief Accounting Officer, to succeed Zachary Kirkhorn. Mr. Kirkhorn stepped down as of August 4, after a thirteen-year tenure with the company, the last four years of which he…

For anyone else wondering, the master of the coin title is just musk being trying to be cute https://winteriscoming.net/2021/03/16/tesla-executive-offici... . For a moment i was wondering if that was an actual common corporate title.

It was more of an attempt to get another day of media attention, and to make some bucks during crypto/investment craze of COVID times, by presenting themselves as a “cool company”.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#13

Post by toolz »

bawolff wrote: post #3
freedude wrote: post #2

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. As of August 4, 2023, Tesla, Inc. (“Tesla”) appointed Vaibhav Taneja as Chief Financial Officer in addition to his current role as Chief Accounting Officer, to succeed Zachary Kirkhorn. Mr. Kirkhorn stepped down as of August 4, after a thirteen-year tenure with the company, the last four years of which he…

For anyone else wondering, the master of the coin title is just musk being trying to be cute https://winteriscoming.net/2021/03/16/tesla-executive-offici... . For a moment i was wondering if that was an actual common corporate title.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun.

I welcome the day where we treat business less seriously.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#14

Post by andreygrehov »

revel wrote: post #9
andreygrehov wrote: post #7

People come, people leave. Why is that a big news?

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

It's always a big deal, but can also mean nothing? So, pure speculation?

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#15

Post by pdq »

Not good when a CFO abruptly resigns (or is fired). Usually companies project this quarters ahead to the public, with a soft notice that "XYZ will be retiring next year".

Yes, Kirkhorn "will continue to serve Tesla through the end of the year to support a seamless transition", but this reads as a rush notice.

His IR page is also gone:

https://ir.tesla.com/corporate/zachary-kirkhorn

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#16

Post by cududa »

andreygrehov wrote: post #14
revel wrote: post #9

Earlier quoted context omitted.

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

It's always a big deal, but can also mean nothing? So, pure speculation?

The vast majority of the time it’s a big deal, which makes it newsworthy. As well, any well run company would announce at least a few quarters in advance that the CFO is leaving.

They don’t abruptly quit or get fired after 13 years without something brewing

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#17

Post by bluefishinit »

uberdru wrote: post #12

Revenue recognition around FSD has been incredibly dodgy. Just sayin'.

And robotaxis never happened, and the cybertruck (hideous as it is) is years behind schedule... So much of Tesla's valuation is built on nothing more than empty Musk promises. The CFO seems like someone who will be taking a lot of heat when reality comes to roost. No wonder he's leaving.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#18

Post by Kranar »

revel wrote: post #9
andreygrehov wrote: post #7

People come, people leave. Why is that a big news?

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

That seems like a contradiction. How can something always be a big deal if it can mean nothing?

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#19

Post by TylerE »

toolz wrote: post #13
bawolff wrote: post #3

Earlier quoted context omitted.

For anyone else wondering, the master of the coin title is just musk being trying to be cute https://winteriscoming.net/2021/03/16/tesla-executive-offici... . For a moment i was wondering if that was an actual common corporate title.

Maybe more charitably stated, it's a fun title to break the monotony of common titles. Surely just because we disagree with musk on other decisions we don't have to denigrate some harmless fun. I welcome the day where we treat business less seriously.

I'm sure the reams of people Musk pushed out at his various companies are just rollin' in the aisles over that one.

Re: Tesla, Inc. 8-k filing – CFO leaves Tesla

#20

Post by asdfman123 »

andreygrehov wrote: post #14
revel wrote: post #9

Earlier quoted context omitted.

The CFO leaving is always a big deal. It can mean nothing but it can also mean a really spectacular blowup is about to take place.

It's always a big deal, but can also mean nothing? So, pure speculation?

Yes, this thread is obviously speculation. That's the purpose of it.
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