Elon Musk has always been known for his feats and has now become the ‘Technoaking of Tesla’. Tesla has given the official title of ‘Technoaking of Tesla’ to Billionaire executive Elon Musk during the formal regulatory filing. At the same time, in this filing, Finance Chief Zachary Kirkhorn has been named ‘Master of Coin’.
The titles of Elon Musk and Zachary Kirkhorn, which came into effect from March 15, 2021, have been changed to Technoking of Tesla and Master of Coin, respectively. The Electric Carmaker stated in its filing that even after this position, Elon Musk would continue as his Chief Executive and Zachary as Chief Financial Officer. However, the company has not told anything about the reasons for this title.
Let me tell you that last month, Tesla has revealed that it has bought $ 1.5 billion worth of bitcoins and will soon accept it as payment for cars. This will increase the price of the world’s most popular cryptocurrency. Along with this, Elon Musk has promoted Dogecoin on Twitter, since which its price has increased.
In the weekend, bitcoin reached a high of around $ 62,000, but today it fell about 5 percent. Bitcoin has doubled in 2021 compared to last year. Let me tell you that at present, the total wealth of Elon Musk has been estimated at $ 179 billion, which makes him the second richest person in the world.
Last week, Elon Musk set a new record
Tesla’s stock surged 20 per cent on March 9, leading the company’s stock to reach $ 673.58 per share on the NASDAQ until the market closed. The company’s stock rose 12.65 percent on a weekly basis. At the same time, it has fallen by 0.28 percent on a monthly basis. Elon Musk’s assets increased by $ 25 billion overnight due to this surge in the stock.
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