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February 1, 2019

Home / Tesla’s Shares Dropped After Elon Musk Declared That CFO Deepak Ahuja Is Leaving The Company

Tesla’s Shares Dropped After Elon Musk Declared That CFO Deepak Ahuja Is Leaving The Company

Anurag Sharma

Last updated on:February 1, 2019 Market.us

Elon Musk has always been famous for his way of running the companies like Tesla, SpaceX, and Paypal, so far he has achieved a lot of things and right now Tesla Inc. is that company which is on the verge of getting its big success. However, there is a piece of bad news for all the Musk and Tesla fans because the CFO of the company Deepak Ahuja has officially decided to resigned from his post and soon he is going to leave the company. As a company Tesla saw many ups and downs from its beginning, there have been even some occasions where it was on the verge of bankruptcy yet it managed to get out of such situations.

It seems like this time the company is losing one of the most exceptional employees, Deepak Ahuja. Ahuja has been with Tesla since its beginning; however, this is not the first time he has left the company because back in 2015 he did the same thing of moving the company due to some issues. The news has affected negatively because the prices of the company’s futures went down by 4.5 percent.

Ahuja’s place will be taken over by the company’s vice president of finance section Zach Kirkhorn who has excellent experience managing such jobs. While giving his response to this news, Zach said that the company is in the proper financial position since it has enough amount of cash available and they can use it to produce more electric vehicles. He thinks the beginning of 2019 will be great for the company and he hopes for the best future of Tesla. Elon Musk while clearing some doubts regarding this news said that Ahuja is going to stay in the company for few more months and he will be the senior advisor of Tesla in the long term.

Anurag Sharma

He has been helping in business of varied scales, with key strategic decisions. He is a specialist in healthcare, medical devices, and life-science, and has accurately predicted the trends in the market. Anurag is a fervent traveller, and is passionate in exploring untouched places and locations. In his free time, he loves to introspect and plan ahead.

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