Tesla CFO leaves as automaker promises profits and cheaper cars

The departure of Deepak Ahuja as well as missing Wall Street profit targets for the end of 2018, sent Tesla shares down nearly 6 percent after hours. Zach Kirkhorn, Tesla's vice president of finance, will replace Ahuja, who is about 56 years old. Chief Executive Elon Musk touted strong demand for the Model 3, as the company begins to ship the car to Europe and Asia from its Fremont, California factory.

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