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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

#41

Post by redavni »

throwaway914 wrote: post #32
dvt wrote: 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.

Because all the other humans throughout history that launched a car they built, on a rocket they built did it better, right?

To be fair, I am actually still annoyed about the whole x.com thing. They closed my account when they sold to Paypal 23 years ago now. Now it is just some message board.

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

#42

Post by hbcondo714 »

mtmail wrote: post #29
zgluck wrote: post #8

Earlier quoted context omitted.

That was 4 days ago and this is the first we hear of it? This - 9 hours ago: https://finance.yahoo.com/news/tesla-cfo-kirkhorn-steps-down... Tesla CFO Kirkhorn steps down, replaced by chief accounting officer Vaibhav Taneja Kirkhorn stepped down after a 13-year run at Tesla. (HN is slow.)

Bottom of the 8-K document says "Date: August 7, 2023". So possibly (I'm not familiar with SEC filings) filed late Friday after business hours Aug/4h and then it got published by SEC Monday Aug/7th at start of business day?

Yeah, the Period of Report is Friday 2023-08-04 while it was Accepted on Monday 2023-08-07 09:02:20 EST

Source: https://last10k.com/sec-filings/tsla/0000950170-23-038779.ht...

Authoritative Source: https://www.sec.gov/Archives/edgar/data/1318605/000095017023...

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

#43

Post by gscho »

uristohkrat wrote: post #40
throwaway914 wrote: post #32

Earlier quoted context omitted.

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'

Not the OP but we could mention that time where he called a hero a pedophile or when he bought twitter to promote free speech and then banned anyone who said negative things about him. No one human should have 260 billion dollars and be thought of as a good person unless they do a ton of philanthropy.

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

#44

Post by NotYourLawyer »

dvt wrote: post #24
pdq wrote: 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…

[flagged]

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

#45

Post by hypeit »

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 welcome the day where we treat business less seriously.

Teslas can and do kill people. Taking business "less seriously" is how you do things like remove lidar and label the hobbled driver assist as "full self-driving". I doubt people who have had family members killed by a Tesla think these titles are cute and "fun".

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

#46

Post by hypeit »

NotYourLawyer wrote: post #44
dvt wrote: 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…

[flagged]

When the CEO makes a bunch of fraudulent statements, that is actually bad. It's one thing for people to change jobs, it's another when the guy who is the direct line of fire from Musk's lies leaves. The market can stay irrational for a long time, but at some point reality will enter the equation.

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

#47

Post by upon_drumhead »

gscho wrote: post #43
uristohkrat wrote: post #40

Earlier quoted context omitted.

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

Not the OP but we could mention that time where he called a hero a pedophile or when he bought twitter to promote free speech and then banned anyone who said negative things about him. No one human should have 260 billion dollars and be thought of as a good person unless they do a ton of philanthropy.

greater then 259 billion dollars of philanthropy

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

#48

Post by somethoughts »

frankreyes wrote: post #36
dvt wrote: 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…

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

Also not sure Tesla shareholders are going to want folks putting HP and Tesla in the same sentence.

HP is obviously misfiring so the CFO should be turning over based on historical data so its decidedly not newsworthy.

Tesla on the other hand is supposedly firing on all cylinders, so its abnormal for the CFO to exit just before what's expected to be hockey stick profitability given the heavy stock based compensation.

HP P/E is 12x. Tesla P/E is 70x. Tesla at HP's multiple would be a $40 stock.

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

#49

Post by 1vuio0pswjnm7 »

This reminds me of some years ago when the General Counsel left after only two months on the job. Then his replacement left several months later. Nice. I enjoy reading the responses when news comes out of Telsa, no matter how troubling, it's usually something like "Everything is fine". No doubt, but quite a few folks really do not want to work there, no matter how much money is on the table. What is the company culture.

https://www.businessinsider.com/tesla-executive-departures-l...

https://webcache.googleusercontent.com/search?q=cache:https:...

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

#50

Post by henrikschroder »

dvt wrote: post #24
pdq wrote: 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…

> Heck, he will continue working for Tesla for almost half the year.

Learn to read between the lines. Remember how their director of AI, Karpathy, went on a sabbatical? That was also a lie.

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