Tesla's CFO Steps Down, Will Be Replaced With Company's Ex-CFO


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In conjunction with Tesla Inc (NASDAQ:TSLA)'s fourth quarter earnings report, the company confirmed Chief Financial Officer Jason Wheeler will step down next month.

Tesla noted in a blog post Wheeler will be leaving Tesla to "pursue opportunities in public policy." He will be replaced by Deepak Ahuja, Tesla's first CFO who left the company in 2015.

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Wheeler will officially leave Tesla in early March and stay on board through April to ensure a smooth transition. He left Google to join Tesla where he was most recently VP of Finance and prior to that he was the Director of Finance in Europe, Middle East and Africa.

Related Link: Investing In Tesla Is A 'Giant Call Option' On Elon Musk

"Jason has been a key member of Tesla's leadership team, and he has played an important role in further improving the company's financial position," said Tesla co-founder and CEO, Elon Musk. "I want to thank Jason and wish him success as he moves into public policy. Looking ahead, we're pleased to have Deepak join us again to ensure a seamless transition for Tesla."

"It's been an honor to work for such an incredible company," Wheeler said. "After spending the last 15 years helping to make information accessible to everyone and to advance sustainable energy, I'm looking forward to continuing to champion these causes and others from a public policy perspective."

"It is a very important time in the history of Tesla, and I'm excited to be back," Ahuja said. "This is a unique opportunity to rejoin the talented and driven team at Tesla. Every day they are working passionately to significantly improve the long-term future of humanity."


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsManagementDeepak AhujaJason WheelerTeslaTesla Earnings