Elon Musk has recently announced quite a shocking sobriquet in a recent filing with the official US Securities and Exchange Commission making himself the “Technoking” of Tesla.
The filing was reportedly done on Monday along with Tesla’s CFO Zach Kirkhorn whose new position is called the “Master of Coin.” Both Zach and Elon Musk are expected to maintain the same respective positions as CFO and CEO respectively.
Elon Musk drop from richest man in the world
Although Elon Musk has recently lost his status as the world’s richest man after Tesla’s stock reportedly took quite a drop in February, the CEO could be looking for a confidence boost as the company’s reportedly sky high valuation slowly falters slightly. The company has reportedly been one of the most impressive stock rallies of the whole 2020 reportedly surging a whopping 600% as the reported market had responded in favor to Elon Musk’s vision of being able to have zero-emission vehicles dominate the world.
Those numbers, however, started to dip during this year and Tesla shares have reportedly dropped by nearly 14% in just the first two months of 2021. A certain fire at the company’s reported Fremont factory some time last week also sent the official share prices plummeting down. There was also another negative report that revealed that there had been 450 cases of COVID-19 among the Tesla workers throughout December of 2020.
Elon Musk is now called “Technoking of Tesla”
According to the story reported by The Verge, the Tesla CEO also has a loud reputation of being some sort of corporate prankster who reportedly chafes at what the traditional image of a CEO should be and at times even pushes the boundaries of propriety. Elon Musk has even used Twitter as a way to taunt the reporters, the government regulators, and even the brazenly beta tests of Tesla’s new drivers assistance software on his very own customers that he had misrepresented as fully autonomous technology.
The change of Elon Musk’s title to Technoking is official and can be found in an SEC filing showing the authenticity of his decision. It is hard to pinpoint where the decision came from and Tesla viewers are all still very curious as to why Elon Musk would do this and also amused at the fact that he actually did.
Elon Musk has been extremely popular in the media and although he is not the richest person in the world as of the moment, there are certainly more news circulating his decisions in comparison to the low-profile Jeff Bezos. For those that already own a Tesla, there are a few items that could improve the whole experience of the car like the Dashcam Flash Drive or the TAPTES LED Lights.
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