Tesla names new chief financial officer, stock falls
Tesla Inc. TSLA, +3.80% announced on a conference call Wednesday that Chief Financial Officer Deepak Ahuja will retire for a second time, and be replaced by vice president of finance Zach Kirkhorn. At the very end of a call related to Tesla’s fourth-quarter earnings report, Chief Executive Elon Musk announced that Ahuja would retire "in the next few months" and become a senior advisor, and be replaced by Kirkhorn, who has been at Tesla since 2010. Ahuja previously retired from the car maker in 2015, but returned when replacement Jason Wheeler left in 2017. Tesla stock fell after the announcement, showing a 4% decline in after-hours trading.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Source: Read Full Article