The automobile giant Tesla has appointed Indian-origin man Vaibhav Taneja as their new Chief Financial Officer (CFO). Vaibhav Taneja will take over the position of previous finance chief Zachary Kirkhorn.
Taneja currently works as Chief Accounting Officer (CAO) at Tesla. The news of Vaibhav’s appointment as CFO came after Zachary Kirkhorn stepped down from the position.
Who is Vaibhav Taneja
Vaibhav Taneja (45), was a graduate of the University of Delhi from 1996–99, Later, he completed his Chartered Accountancy from the Institute of Chartered Accountants of India. He became a certified accountant in 2006.
Taneja started working with PricewaterhouseCoopers in 1999 and was employed there for 16 years. For almost 4 years, he worked as an Assistant manager at PriceWaterhouseCoopers’ New Delhi office.
In 2003, he moved to California and worked as a senior manager in San Jose, CA, until 2016. After that, he started working with SolarCity, and in 2017, Tesla acquired the panel developer. Now Vaibhav Taneja is all set to take the post of Chief Financial Officer at Tesla.
Vaibhav Taneja Net worth
According to one of the reports on India TV Vaibhav Taneja, who has been named as the new Tesla CFO, net worth is estimated to be about $52.1 million (approx Rs 431 crore). As per the data available, the new Tesla CFO also owns 104,504 units of Tesla Inc, common stock.
Vaibhav Taneja Salary as Tesla CFO
The yearly salary of Vaibhav Taneja as a CFO has not been disclosed yet. But as per Glassdoor.com, the average basic pay without any bonus or profit-sharing at Tesla of a CFO is around $228,730 (Rs. 1,89,42,846 per year).
It is expected that Vaibhav Taneja will be getting a base pay amount close to that including other benefits like Bonus, Profit sharing, and stocks.
Who Was Tesla CFO Before Vaibhav Tanja
On Monday, Kirkhorn announced the news of his stepping down from the post of Tesla’s CFO through a post on LinkedIn. He wrote, “This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja.”
Kirkhorn worked for Tesla for almost 13 years, and during his tenure, the company’s revenue grew by 1,300% from 49 million, as per information available online.
Vaibhav Taneja Tesla CFO FAQs
A. Vaibhav Taneja became the new Chief Financial Officer of Tesla.
A. Vaibhav Taneja is 45 years old.
A. Vaibhav Tanjea’s net worth is approx Rs 431 crore.
A. Taneja is a CA by profession and has completed his graduation from Delhi University.
A. Zachary Kirkhorn has given no clarification regarding his stepping down as CFO of Tesla.