15.8 C
New York

Indian-Origin Vaibhav Taneja appointed as Tesla CFO

Published:

It is yet another feat for India as Indian-Origin Vaibhav Taneja, 45, was appointed as the new Chief Financial Officer for the car manufacturer Tesla on Friday. This in addition to his current role as Chief Accounting Role at the company. This comes after Tesla’s CFO for four years, Zachary Kirkhorn announced his decision to step down, said Tesla in a company filing.

Zachary Kirkhorn’s 13-year tenure with the Elon Musk-led American EV giant was described as one of “tremendous expansion and growth” in the company filing. It was during his tenure that Tesla recorded its first quarterly profit and hit a market valuation of $1 trillion. “Tesla thanks Mr Kirkhorn for his significant contributions. Mr Kirkhorn will continue to serve Tesla through the end of the year to support a seamless transition,” it said.

“This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja,” Zachary Kirkhorn said in a LinkedIn post.

“Being a part of this company is a special experience, and I’m extremely proud of the work we’ve done together since I joined over 13 years ago. As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought (were) not possible. I also want to thank Elon for his leadership and optimism, which has inspired so many people,” he said.

Vaibhav Taneja has served as Tesla’s CAO since March 2019 and as the Corporate Controller since May 2018. He served as the Assistant Corporate Controller between February 2017 and May 2018, and from March 2016, served in various finance and accounting roles at SolarCity Corporation, a US-based solar panel developer acquired by Tesla in 2016. He previously worked at PricewaterhouseCoopers in both India and the US between July 1999 and March 2016, the company filing said.

Related articles

Recent articles

%d