Elon Musk may have been the unofficial king of Tesla Inc., but starting Monday, his title has officially changed to “Technoking. ”
The TSLA company,
revealed in an 8-K filing Monday that the title change took effect March 15. The company said Musk will retain his position as chief executive.
But that’s not it. Zach Kirkhorn will continue as chief financial officer, but his official title has been changed to “Master of Coin,” effective March 15.
The title changes come about a month after the electric vehicle maker announced it had acquired $ 1.5 billion in BTCUSD bitcoins,
in January, and said it could accept the digital fund for future payments.
Separately, Tesla revealed Monday that car president Jerome Guillen has moved to the position of President, Tesla Heavy Trucking.
Tesla stock slipped 0.5% in pre-sale trading. It has risen 9.6% over the last three months through Friday, and has risen 534.6% over the last 12 months. In contrast, the S&P 500 SPX index,
has gained 6.7% over the last three months and has accumulated 45.5% in the last year.