According to news on May 15, people familiar with the matter revealed that Tesla’s current chief financial officer, Zach Kirkhorn (Zach Kirkhorn), was frustrated with Musk’s high-profile investment in Bitcoin. Tesla bought $1.5 billion worth of bitcoin in early 2021, and Zach Kirkhorn is reluctant to keep the cryptocurrency on the company's balance sheet, having sold most of it last year. SEC filings show that Tesla Inc. made an estimated $192 million in gains on its cryptocurrency investments.