Elon Musk officially made the ‘Technoking of Tesla’

Tesla CEO Elon Musk attends an opening ceremony for Tesla China-designed Model Y software in Shanghai, east China, Jan. 7, 2020.

Ding Ting | Xinhua News Company | Getty Images

Tesla has officially offered CEO Elon Musk the title of “Technoking of Tesla,” in a new regulatory submitting on Monday.

Musk will retain his situation as main government officer, Tesla claimed. Zach Kirkhorn, Tesla’s chief economical officer, has also been provided a new title: “Learn of Coin.”

In a submitting with the Securities and Trade Fee on Monday, the car enterprise mentioned: “Productive as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn and Master of Coin, respectively.”

It is unclear what has prompted the new titles. Very last thirty day period, the autos company announced it had purchased $1.5 billion worth of bitcoin.