Indian-origin man Vaibhav Taneja has been named the new Chief Financial Officer (CFO) of the automotive giant Tesla, know his biography, education and college
Zachary Kirkhorn, who served as the former financial director, will be replaced by Vaibhav Taneja. Let us know more about Taneja in the article below.
Who is Vaibhav Taneja Tesla new CFO, biography, age, family, education, college and qualification
Tech Mogul Elon Musk has appointed Indian-origin executive Vaibhav Taneja to the position of chief financial officer (CFO) at the Tesla car company. His most recent advancement makes him the latest addition to the list of Indians holding important positions at global companies.
Musk replaced Zachary Kirkhon as the company’s CFO with Vaibhav Taneja, an executive of Indian descent.
After working for the company for four years, Kirkhon resigned. He will continue working for Tesla through the end of the year. Meanwhile, Taneja was promoted from Chief Accounting Officer to CFO.
Who Is Vaibhav Taneja?
The 45-year-old Vaibhav Taneja graduated from the University of Delhi (1996–1999). Later, in 2006, he earned his Chartered Accountancy degree from the Institute of Chartered Accountants of India and became a certified accountant.
Vaibhav Taneja’s Career
Taneja began working with PricewaterhouseCoopers in 1999 and spent 16 years there. He was an assistant manager at PriceWaterhouseCoopers’ New Delhi office for over 4 years.
He relocated to California in 2003 and remained there until 2016 as a senior manager in San Jose, California. After that, he began working for SolarCity, and in 2017, Tesla bought the manufacturer of solar panels. Currently, Vaibhav Taneja is prepared to join Tesla as its new chief financial officer.
Vaibhav Teneja’s Net Worth
Vaibhav Taneja, who has been named as the new CFO of Tesla, is said to have a net worth of approximately $52.1 million (roughly Rs 431 crore). According to the information available, the new Tesla CFO also owns 104,504 shares of common stock in Tesla, Inc.
Tesla CFO Vaibhav Teneja’s Annual Salary
Vaibhav Taneja’s annual compensation as a CFO has not yet been made public. However, according to Glassdoor.com, the typical base salary for a CFO at Tesla is about $228,730 (about Rs. 1,89,42,846 per year), without any bonuses or profit-sharing.
Vaibhav Taneja is anticipated to receive a base salary in the vicinity of that sum, along with additional perks including bonuses, profit-sharing, and stock options.
Who Was The Previous CFO Of Tesla?
On Monday, Kirkhorn sent a message on LinkedIn announcing his resignation as Tesla’s CFO. “This morning Tesla announced that I have resigned from my position as Chief Financial Officer, and Vaibhav Taneja, our Chief Accounting Officer, will take over,” he wrote.
According to statistics found online, Kirkhorn worked for Tesla for close to 13 years, during which time the company’s revenue increased from 49 million to 1,300,000.
Tesla motors appointed Indian-origin Vaibhav Taneja as its next Chief Finance Officer.
Congrats, Vaibhav! 🎉 #CFO#Tesla #VaibhavTaneja #ElonMusk pic.twitter.com/idoj9Ek4Nb
— 𝙕𝙄𝙈𝘽𝙐 😎 𝕏 (@zimbu12) August 8, 2023
India =Lost
US =Win #VaibhavTaneja , BCom from #Delhi University
is the new CFO of #Tesla
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