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The Elon Musk-led firm did not specify a reason for departure of Kirkhorn, who has been with the company for 13 years. He will remain with Tesla (NASDAQ:TSLA) through the end of the year to aid a smooth transition.
During his tenure, Tesla posted its first quarterly profit after it launched the mass-market Model 3 compact sedan and hit a market valuation of more than $1 trillion.
“Being a part of this company is a special experience and I’m extremely proud of the work we’ve done together since I joined over 13 years ago,” Kirkhorn said in a LinkedIn post.
Kirkhorn did not immediately respond to queries when contacted on LinkedIn. Tesla shares were down more than 2% in early trading.
Taneja, 45, joined Tesla after the automaker acquired SolarCity in 2016. He takes on the role, or the so-called “Master of Coin” position, in addition to his job as chief accounting officer, the automaker said.
The Austin, Texas-based automaker this year cut prices of its cars in a move that prioritized sales growth and market share and squeezed its industry-leading margins.
Tesla has also hinted at more price cuts in what Musk called “turbulent times” as rising borrowing costs take a toll on the sales of electric-vehicle makers.
