TESLA chief financial officer Zachary Kirkhorn has announced that he will be departing the company after 13 years with the electric vehicle and solar panel maker.

Kirkhorn, given the Game of Thrones-style title 'master of coin' by the company, stepped down on Friday but will remain with Tesla through the end of the year to "support a seamless transition," according to the Austin, Texas, company.

Shares of Tesla slipped more than two per cent at the opening bell amid a broader sell-off in the electric vehicle sector.

Vaibhav Taneja was named CFO in addition to his current role as chief accounting officer, the company said in a regulatory filing.

The filing gave no reason for the departure, but said Tesla has experienced tremendous growth during Kirkhorn's tenure.

PA

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