He will be replaced by Zach Kirkhorn, Tesla's current vice president of finance. The news caused stocks to drop by as much as 5.9 percent in late trading, even as the earnings call promised .
It's not the first time in recent months the electric car maker has seen high profile departures. Last September saw both chief accounting officer Dave Morton and head of human resources Gabrielle Toledano leaving to similar effect on Wall Street, with.
All is not doom and gloom. The company did say that it's possible it will post a profit in the first quarter of this year.