Tesla's CFO Zach Kirkhorn changes his title to 'Master of Coin'

Startups • March 15, 2021, 7:40AM EDT
UPDATED: March 15, 2021, 7:49AM EDT
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Tesla's CEO Elon Musk and its CFO Zach Kirkhorn have changed their titles to "Technoking of Tesla" and "Master of Coin," respectively.

The change was announced in Tesla's latest 8-K filing submitted to the U.S. Securities and Exchange Commission on Monday. Musk and Kirkhorn will maintain their respective positions as CEO and CFO.

It is not clear whether the Master of Coin title is about bitcoin, but it appears to be a character in the popular series "Game of Thrones," where the Master of Coin is in charge of the royal treasury and advises the monarch on financial matters.

Kirkhorn, being the CFO, would have been advising Tesla on investments and financial matters. Earlier this year, Tesla invested $1.5 billion of its spare cash into bitcoin as part of the company's corporate treasury management.

The company's bitcoin bet appears to have paid off well so far since the cryptocurrency has surged from around $35,000 levels in January to about $56,000 at the time of writing.

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Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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