Tesla’s CEO Elon Musk is famous for doing things in his way. Precisely speaking, Elon Musk has some pretty quirky titles for himself and his staff in Tesla. In a filing with the U.S. SEC (Securities and Exchange Commission), Tesla has substituted the formal titles of its CEO Elon Musk and CFO Zack Kirkhorn. Tesla, the biggest electric vehicle company across the globe, has proceeded to rule the news cycle, despite the recent fall in share prices. Commencing from Mar. 15, Tesla’s official title for its CEO Elon Musk will transfer to “Technoking of Tesla.”
Concurrently, the company’s CFO (chief financial officer), Zach Kirkhorn, will be named “Master of Coin.” It is a title acquired from the popular TV show Game of Thrones. The company did not answer if the new titles, which are active immediately, would bring extra duties. Notwithstanding the change in the official labels, both Musk and Kirkhorn will retain their respective CEO and CFO positions. However, it is still unclear what led Tesla to substitute its executive titles, but the tech community is well aware of Musk’s unusual moves.
Naming Tesla’s CFO as “Master of Coin” Goes Perfectly With Crypto Space
However, the adoption of the before-mentioned unique executive titles has been unparalleled in American corporate history. This isn’t the firm’s first struggle with the agency either. In 2018, Musk brutally declared he did not admire the SEC after driving an investigation against him for a Twitter post. Moreover, naming Tesla’s CFO as “Master of Coin” resonates strongly with the crypto community, provided it recently invested $1.5 billion in Bitcoin.
Furthermore, Tesla’s founder has created a techno song regarding NFTs and sells it as a non-fungible token. On Monday, Musk declared his creation on Twitter. The song’s preview presents a golden trophy with the terms “HODL” – hold on for dear life – illuminated on it. Musk didn’t offer a link to the tweet’s asset, though it does appear to be for sale on the Valuables platform. The most expensive bid at the time of press was 625 ETH, worth over $1.1 million.
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