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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

#32
post #24
post #15

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

> 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. I don't own any $TSLA (or one of their cars), but this is like the opposite of a rush notice. Heck, he will continue working for Tesla for almost half the year. Seems like typical HN "everything Elon does is bad" bandwagoning. I mean, just earlier today the HP CFO resigned[1] a…

but like.. objectively what he does is bad. I wish there were a smaller bandwagon to bandwagon-onto.

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

#33
post #24
post #15

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

> 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. I don't own any $TSLA (or one of their cars), but this is like the opposite of a rush notice. Heck, he will continue working for Tesla for almost half the year. Seems like typical HN "everything Elon does is bad" bandwagoning. I mean, just earlier today the HP CFO resigned[1] a…

>he will continue working for Tesla for almost half the year

Well that's in the the declaration

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

#34
post #5

https://twitter.com/elonmusk/status/1688662299857321984 I would like to thank Zach Kirkhorn for his many contributions to Tesla over the course of 13 often difficult years. Much appreciated and best wishes for the next stage of his career.

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

#35
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.

13 years is a long tenure as CFO, on surface this means nothing.

I think it's 13 years at Tesla, 4 years as CFO.

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

#36
post #24
post #15

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

> 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. I don't own any $TSLA (or one of their cars), but this is like the opposite of a rush notice. Heck, he will continue working for Tesla for almost half the year. Seems like typical HN "everything Elon does is bad" bandwagoning. I mean, just earlier today the HP CFO resigned[1] a…

Yeah but nobody cares about HP and their silly printers. Also, Elon doesn't have anything to do with HP

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

#37
post #5

https://twitter.com/elonmusk/status/1688662299857321984 I would like to thank Zach Kirkhorn for his many contributions to Tesla over the course of 13 often difficult years. Much appreciated and best wishes for the next stage of his career.

Elon Musk being polite? Now that’s concerning

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

#38
Whether the CFO leaving is a "canary" or not, I think there is ample evidence that Tesla's overall value proposition is grossly misaligned with its current valuation (futures priced-in). I would not blame people for using this as an excuse to weaken their positions on Tesla.

I am invested and have been for almost a decade, for the record.

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

#39

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

For context, C-Suite roles rarely change without an announcement far in advance or a complete change of leadership.

(I know nothing about Telsa's current affairs, but a CFO change this sudden without any other announcement is sure to cause investor concern and likely foreshadows some bigger press.)

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

#40
post #24

Earlier quoted context omitted.

> 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. I don't own any $TSLA (or one of their cars), but this is like the opposite of a rush notice. Heck, he will continue working for Tesla for almost half the year. Seems like typical HN "everything Elon does is bad" bandwagoning. I mean, just earlier today the HP CFO resigned[1] a…

but like.. objectively what he does is bad. I wish there were a smaller bandwagon to bandwagon-onto.

Expand upon your idea: 'but like.. objectively what he does is bad'
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