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Musk crowned ‘Technoking’ at Tesla
NEW YORK, March 15, 2021 (BSS/AFP) – Electric carmaker Tesla has crowned
its brash billionaire founder and CEO Elon Musk with a new title: Technoking.
And Zach Kirkhorn, the company’s chief financial officer, will now be known
as “Master of Coin,” Tesla said Monday in a filing with the Securities and
Exchange Commission (SEC).
The company did not say whether the new titles, which are effective
immediately, would bring with them any additional duties.
However, “Elon and Zach will also maintain their respective positions as
Chief Executive Officer and Chief Financial Officer,” the filing stated.
Norm-shattering entrepreneur Musk, who has more than 41 million followers
on Twitter and a fortune now estimated at more than $180 billion, has had
frequent conflicts with regulators at the SEC and is not shy about tweaking
them on social media.
In 2018, the SEC charged Musk with fraud, slapped him with a $20 million
fine and demanded he step down as Tesla chairman after he tweeted out a plan
to take the company private.
BSS/AFP/FI/ 2155 hrs