Tesla CFO leaves with $590 million fortune amid surging share price

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Tesla CFO leaves with $590 million fortune amid surging share price
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Tesla's 'Master of Coin' bids the EV-maker farewell after racking up a $590 million fortune

Nicknamed the"Master of Coin," Zachary Kirkhorn ended his 13-year stretch at Elon Musk's carmaker on Tuesday, having spent four of those years as CFO.

Kirkhorn departs with a net worth of $590 million, largely due to the value of his Tesla shares and options,Despite owning less than 1% of Tesla's common stock, Kirkhorn has still gone home with deep pockets, according to theIn 2022 alone, Kirkhorn earned about $16.3 million in stock awards, while being awarded almost $1.3 million in options. That's on top of a $300,000 base salary in 2022.

Tesla shares have skyrocketed this year thanks to a string of aggressive price cuts and an AI-fueled tech boom. The company's stock has surged more than 100% year-to-date, boosting its market cap to roughly $800 billion,

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