Tesla shares sink after earnings
New York (CNN Business)Tesla rattled investors on Wednesday by reporting profit that fell short of expectations and revealing that its chief financial officer is leaving — the latest senior executive to exit the electric car company.
CEO Elon Musk said on an earnings call Wednesday that CFO Deepak Ahuja is retiring. Ahuja had returned to the company less than two years ago after its previous CFO unexpectedly quit.
Following the announcement by Musk, Tesla (TSLA) shares fell about 5% in after-hours trading. The company was shaken last year by a series of departures by top managers, including a chief accounting officer who left after less than a month.
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