Audio By Carbonatix
Elon Musk has a new title at Tesla: “Technoking.”
The electric automaker announced the head-scratching sobriquet in a filing with the US Securities and Exchange Commission on Monday, along with chief financial officer Zach Kirkhorn’s new position as 'Master of Coin.'
“Elon and Zach will also maintain their respective positions as CEO and Chief Financial Officer,” the filing concludes — just in case you were worried that Tesla was officially becoming one of the Seven Kingdoms of Westeros.
Musk, who recently lost his status as richest person on the planet after Tesla’s stock price dropped in February, could be looking for a confidence boost as his company’s once high-flying valuation falters slightly.
The company had one of the most impressive stock rallies of 2020, surging over 600 percent as the market responded favorably to Musk’s vision of zero-emission vehicles dominating the globe.
But those numbers began to dip in 2021, with Tesla’s shares down nearly 14 percent in the first two months.
A fire at the company’s Fremont factory last week also sent share prices down.
And reports surfaced of over 450 cases of Covid-19 among Tesla workers through December 2020.
Musk has a reputation as a corporate prankster who chafes at the traditional image of a chief executive and pushes the boundaries of propriety.
He has used Twitter to taunt reporters and government regulators, and brazenly beta tests new driver assistance software on his customers that he misrepresents as fully autonomous technology.
Latest Stories
-
Funeral of Togbega Kwaku Ayim IV: Ho pays homage to the late Paramount Chief of Ziavi (Photos)
20 minutes -
NPP Sweden Branch congratulates Bawumia on 2028 Flagbearer victory
20 minutes -
CDM demands emergency education fund and transparent deployment framework
25 minutes -
Student injured in clash at Agona Swedru District Schools Athletics Games
31 minutes -
A Rocha Ghana demands stronger action against galamsey
35 minutes -
Gbetseli Manste threatens demonstration over prolonged water crisis
38 minutes -
Ghana climbs to 8th richest in Africa under Mahama – Labour Minister
40 minutes -
Interior Ministry announces mop-up dates for security recruitment Aptitude Test
47 minutes -
Free SHS most consequential social policy of the Fourth Republic – Afenyo-Markin
55 minutes -
Papa Owusu-Ankomah’s son alleges political pressure, media manipulation in gold row
57 minutes -
24-Hour Economy will be driven by incentives, not compulsion – Goosie Tanoh
1 hour -
Teaching Academic Writing skills in Ghana: Musings from the too known professor – Part I
1 hour -
Afenyo-Markin criticises gov’t over alleged unfulfilled promises, slogan-driven governance
1 hour -
Ghana signs landmark MoU for major cashew processing plant to boost value addition and job creation
1 hour -
Gov’t committed to leveraging technology to improve fire safety – Interior Minister
2 hours
