Tesla names insider Taneja CFO as Kirkhorn steps down
Tesla finance chief Zachary Kirkhorn has stepped down, surprising analysts who considered the 13-year veteran as a possible successor to CEO Elon Musk and sending the shares of the electric automaker down 3.5% on Monday.
The company did not give a reason for his exit. Accounting head Vaibhav Taneja, who joined Tesla through the $2.6 billion deal for Solarcity in 2016, will replace Kirkhorn.
His departure has raised concerns about a succession plan at the world’s most valuable automaker led by Musk, who also holds key roles at SpaceX and X social media, formerly known as Twitter.
