Tesla CEO Elon Musk has officially received a new title. His new “Techno-king of Tesla” title was made official in a recent regulatory filing on Monday. It is not yet clear what prompted the new title. It seems to be a new trend at Tesla as its chief financial officer, Mr. Zach Kirkhorn, has also gotten a new title, “Master of Coin.” Recently, the electric car guru announced that it had acquired Bitcoin worth a staggering $1.5 billion. Last year, the company’s shares went up by 600%. Musk’s Fortune quadrupled, putting the CEO ahead of his longtime competitor Jeff Bezos of Amazon. At the beginning of this year, Tesla’s shares had dwindled, but they have since risen by 20% after selling 18,318 Model Ys and 3s in China.