If You Invested $1,000 In Tesla Stock When Zachary Kirkhorn Was The CFO, Here's How Much You Made
Portfolio Pulse from Chris Katje
Tesla Inc's CFO, Zachary Kirkhorn, is stepping down after 13 years with the company, including four years as CFO. His departure has drawn mixed reactions, with some speculating about potential disagreements with CEO Elon Musk. During Kirkhorn's tenure as CFO, Tesla's stock has seen significant growth, with a $1,000 investment in 2019 now worth $12,771.15. In comparison, the same investment in the SPDR S&P 500 ETF Trust would be worth $1,713.73 today.
August 08, 2023 | 3:49 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF Trust has seen a gain of 71.4% compared to Tesla's 1,177.1% during the same period.
The comparison of returns between Tesla and the SPDR S&P 500 ETF Trust highlights the strong performance of Tesla's stock. However, this does not directly impact the ETF.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Tesla's CFO Zachary Kirkhorn is stepping down. During his tenure, Tesla's stock has seen significant growth.
The departure of a key executive like the CFO can create uncertainty and potentially impact the stock price. However, Tesla's strong performance during Kirkhorn's tenure as CFO may mitigate any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100