Tesla CFO Kirkhorn Quits After 13 Years

Tesla CFO Kirkhorn Quits After 13 Years

Assessment

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Business

University

Hard

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Tesla's CFO, Zach Kirkhorn, has unexpectedly resigned, effective August 4th, and will be replaced by Chief Accounting Officer Bab Tenaja. Kirkhorn, who has been instrumental in Tesla's profitability and capital strategies since 2019, will assist with the transition until the end of the year. The market reacted with a slight drop in Tesla's stock price.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial market reaction to Tesla's session losses?

Tesla's stock rose by 0.9%

Tesla's stock fell by 0.9%

Tesla's stock remained unchanged

Tesla's stock rose by 1.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is set to replace Zach Kirkhorn as Tesla's CFO?

Sundar Pichai

Elon Musk

Bab Tenaja

Larry Page

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Until when will Zach Kirkhorn assist with the transition?

Until the end of the quarter

Until the end of the week

Until the end of the year

Until the end of the month

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant achievements did Zach Kirkhorn bring to Tesla during his tenure?

Reduced employee count

Decreased market share

Regular profits and smart capital raises

Increased production costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did investors and analysts view Zach Kirkhorn's performance as CFO?

They were supportive

They were unaware

They were indifferent

They were critical