{"id":9766,"date":"2023-08-07T14:22:13","date_gmt":"2023-08-07T14:22:13","guid":{"rendered":"https:\/\/isafespend.com\/news\/tesla-cfo-zach-kirkhorn-steps-down\/"},"modified":"2023-08-07T14:22:14","modified_gmt":"2023-08-07T14:22:14","slug":"tesla-cfo-zach-kirkhorn-steps-down","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=9766","title":{"rendered":"Tesla CFO Zach Kirkhorn steps down"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Tesla<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>&#8216;s chief financial officer, Zach Kirkhorn, stepped down from his position, effective Aug. 4, the automaker announced Monday morning in a regulatory filing. Tesla&#8217;s chief accounting officer Vaibhav Taneja was appointed as the new CFO and will hold both roles concurrently.<\/p>\n<p>Shares of Tesla were trading down about 2.5% on the news.<\/p>\n<p>Kirkhorn will stay on with Tesla through the end of the year to assist in the transition, according to a Securities and Exchange Commission filing. Kirkhorn had served as CFO since March 2019 and had worked for Tesla since 2010.<\/p>\n<p>&#8220;As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought not possible,&#8221; Kirkhorn wrote on LinkedIn.<\/p>\n<p>Kirkhorn&#8217;s departure marks the second CFO replacement at Tesla in just over four years. When prior CFO Deepak Ahuja left Tesla in 2019, shares dipped as much as 4.5%.<\/p>\n<p>Vaibhav Taneja, Kirkhorn&#8217;s replacement and Tesla&#8217;s former chief accounting officer, has been with the automaker since 2017. He worked for SolarCity before joining Tesla, by way of the automaker&#8217;s $2.6 billion acquisition of the solar installer. Before that, Taneja was employed at PwC for about 17 years. PwC is Tesla&#8217;s auditor.<\/p>\n<p><em><strong>This story is developing. Check back for updates.<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/08\/07\/tesla-cfo-zach-kirkhorn-steps-down.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla&#8216;s chief financial officer, Zach Kirkhorn, stepped down from his position, effective Aug. 4, the automaker announced Monday morning in a regulatory filing. Tesla&#8217;s chief accounting officer Vaibhav Taneja was appointed as the new CFO and will hold both roles concurrently. Shares of Tesla were trading down about 2.5% on the news. Kirkhorn will stay<\/p>\n","protected":false},"author":1,"featured_media":9767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-9766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla CFO Zach Kirkhorn steps down | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Tesla&#039;s chief financial officer, Zach Kirkhorn, stepped down from his position, effective Aug. 4, the automaker announced Monday morning in a regulatory\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isafespend.com\/?p=9766\" \/>\n<meta property=\"og:locale\" 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