Elon Musk is now the ‘Technoking’ with Kirkhorn being the ‘Master of Coin’

Elon Musk, the CEO of Tesla, has a pretty unconventional way of running his business. The CEO is known for founding several startups, communicates regularly with his followers on Twitter, where he often shares light-handed humour such as memes and comments on cryptocurrency.

In a recent filing with the Securities and Exchange Commission (SEC), Tesla Inc. revealed new titles for its chief executive officer Elon Musk and Chief Financial Officer Zachary Kirkhorn. Elon Mush will now be referred to as ‘Technoking’ while Kirkhorn will take the title of ‘Master of Coin’ in a reference from George R. R. Martin’s Game of Thrones fantasy series.

Very few companies in the world are willing to disclose their cryptocurrency holdings, and Tesla is one of them. When Tesla announced its cryptocurrency Bitcoin holdings, it contributed to Bitcoin’s price rallying. Musk also shared memes for another cryptocurrency, Dogecoin, which caused a price rally for the cryptocurrency.

Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. Elon and Zach will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer.

According to official reports, in 2020, Tesla managed to meet its self-set goal of shipping half a million electric vehicles in a calendar year. For the year 2021, the company provided an estimate that it could place shipments of around three-quarters of a million by the end of this year.

But still, Tesla’s biggest challenge remains reducing the cost of its vehicles to attract more consumers and matching demand with supply once global economies fully recover.

As we know that currently the auto-market is affected severely by the ongoing shortage of automobile processors. While automakers such as Ford have reduced production as a result, Tesla is yet to make a similar move.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Tesla Robotaxi

Tesla Robotaxi: Uber vs Tesla – The Robotaxi Battle...

Tesla Robotaxi: The future of autonomous ride-sharing is shaping up to be a competitive battlefield, and Uber...

Grok-3: The AI Revolution That’s Breaking the Internet!

Grok-3 for Free? Hey there, tech enthusiasts and AI adventurers! Elon Musk just dropped a digital bombshell that's...

Grok-3 Review: The AI That’s Rewriting the Rules of...

Grok-3 AI Updates! Hey there, tech enthusiasts and AI nerds! Are you ready for a deep dive into...

Tesla Electric Expansion: Job Openings Spark Excitement in India!

Tesla Electric in India! Hey there, tech enthusiasts and job seekers! Buckle up because we've got some electrifying...

Grok-3: Elon Musk’s AI Chatbot Takes the Tech World...

Grok-3 Updates! Hey there, tech enthusiasts! Buckle up because we're about to dive into the latest AI sensation...

LATEST NEWS

Jungkook’s GOLDEN Album Sets Spotify Records: Fastest Asian Artist to 17M Followers & 5.2B Streams

Jungkook is making history once again! The BTS superstar has reached another milestone, becoming the fastest Asian artist to cross 17 million followers on...

Dragon OTT Release Date: When and Where to Watch Pradeep Ranganathan’s Comedy-Drama Post Theatrical Run

Dragon, starring Pradeep Ranganathan and directed by Ashwath Marimuthu, has taken the Tamil cinema industry by storm. Premiering in theatres on February 21, the...

Sooraj Barjatya Picks Sharvari Opposite Ayushmann Khurrana for Upcoming Romantic Drama; Filming Set to Begin in 2025

Renowned filmmaker Sooraj Barjatya has finalized Sharvari as the female lead opposite Ayushmann Khurrana. His next directorial venture is a heartfelt love story rooted...

Pakistan on High Alert After Islamic State Plot Targets ICC Champions Trophy

Are you ready for the cricketing spectacle of the year? The ICC Champions Trophy 2025 is just around the corner, but a cloud of...

Featured