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Tesla Replaces CFO As Kirkhorn Ends 13 Years At The EV Maker

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Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise shakeup that raises new questions about succession in the top ranks of Elon Musk’s company.

Kirkhorn, one of just four executive officers and a prominent voice for the company with shareholders, resigned from his duties Aug. 4, the company said Monday in a regulatory filing. He’ll continue to serve in an unspecified capacity through the end of the year “to support a seamless transition.”

Chief Accounting Officer Vaibhav Taneja took on the CFO role in addition to his current duties, Tesla said. Taneja, 45, held several positions at the EV maker before becoming accounting chief in 2019. He previously worked at PricewaterhouseCoopers in India and the US.

Read the full story on Bloomberg here.