Zachary Kirkhorn, who served as chief financial officer at Tesla, stepped down after staying in the position for the last four and a half years. He will remain part of the company until the end of 2023 to help transition the new CFO.

Kirkhorn earned the nickname “Master of Coin” in 2021, shortly after the electric vehicle giant splashed the waters with its whopping $1.5 billion bitcoin purchase. 

Changes in Tesla’s Management Team

Kirkhorn (who joined Tesla in 2010) will be succeeded by the chief accounting officer Vaibhav Taneja. The former CFO confirmed the news on his LinkedIn profile, saying his journey at the firm has been a “special experience.” He also thanked all his colleagues, including CEO Elon Musk, for their support over the years.

“Being a part of this company is a special experience, and I’m extremely proud of the work we’ve done together since I joined over 13 years ago. As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought not possible.

I also want to thank Elon for his leadership and optimism, which has inspired so many people,” he stated.

Kirkhorn did not disclose the reasons behind his departure nor what his next step will be. Apart from managing the financial policies of Tesla through challenging times such as the COVID-19 crisis, he will be remembered by his nickname “Master of Coin.”

He earned that informal title shortly after the EV behemoth