The departure of Tesla's CFO, Zachary Kirkhorn, is seen as a loss for the company as he was considered one of the more reasonable voices in conference calls with CEO Elon Musk and investors.
The abrupt departure of Tesla Inc.’s chief financial officer, Zachary Kirkhorn, is a loss for the EV maker, as he was one of the more reasonable adults in the room on the company’s conference calls with Chief Executive Elon Musk and investors.
On the company’s last quarterly call, it was Kirkhorn who reminded investors that Tesla does not comment on its future road map, in response to a question about any more upcoming Tesla energy products, possibly trying to head off any unforeseen new-product announcements by Musk. In the first quarter, after executives were asked for more color on updated margin guidance, Musk said it all depended on macroeconomic conditions, but that barring any major geopolitical wild card, “I think I would be very optimistic about middle of next year, end of next year.” Kirkhorn followed up quickly, adding, “What’s really important for us this year in addition to just managing the day-to-day of the business, is also investing in, as Elon mentioned, what 2024 and 2025 will look like.
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