Who is Elon Musk party’s new Treasurer? The Indian-origin man who earns more than Satya Nadella, Mark Zuckerberg, his net worth is…, worked as…

New Delhi: Indian-origin Vaibhav Taneja, Tesla’s Chief Financial Officer, has emerged as a key figure in Elon Musk’s newly announced political venture, the America Party (AMEP). Tesla owner Elon Musk on Sunday announced a new political party called the ‘America Party’. In the official filing of this party, Musk named Vaibhav Taneja as the Custodian of Records and Treasurer. According to a report by The Wall Street Journal, Vaibhav Taneja, Tesla’s Chief Financial Officer (CFO), has earned a staggering USD 139 million in total compensation in 2024 — making it the highest in the world for any CFO.

The salary pay package exceeded the earnings of Microsoft CEO Satya Nadella and Google CEO Sundar Pichai, placing Taneja in the spotlight as one of the most highly paid finance executives in corporate history.

Before joining Tesla, he served a year at SolarCity, the solar energy company Musk co-founded, and nearly 17 years at PricewaterhouseCoopers, advising Fortune 500 clients on financial controls and IPO preparation.

All You Need To Know About Vaibhav Taneja’s Professional Journey:

  • Vaibhav Taneja’s professional journey began in India
  • He earned a Bachelor of Commerce degree from Delhi University in 1999.
  • The following year, he became a Chartered Accountant through the Institute of Chartered Accountants of India
  • In 2006, Vaibhav became a Certified Public Accountant (CPA) in the United States.
  • He spent nearly 17 years at PricewaterhouseCoopers (PwC), working in both India and the US
  • In 2016, Taneja made a pivotal career move by joining SolarCity, a solar energy company that was later acquired by Tesla — marking the start of his journey with the electric vehicle leader.

Career highlights and expertise

  • Taneja is a Certified Public Accountant (CPA) and a Chartered Accountant, with deep experience in:
  • US GAAP financial reporting
  • SEC compliance and regulatory filings
  • Internal controls and audit oversight
  • Supporting C-suite leaders and boards of directors
  • Guiding companies through IPOs and major public offerings
  • Streamlining business processes to prevent revenue leakage

Vaibhav Taneja and his journey at Tesla

  • In 2017, after the merger of SolarCity with Tesla, Vaibhav joined Elon Musk’s company as Assistant Corporate Controller.
  • In 2018, he became Corporate Controller
  • A year later he was appointed Chief Accounting Officer and ascended to the role of Chief Financial Officer in August 2023, succeeding Zach Kirkhorn.
  • In addition to his global responsibilities, Taneja also serves as a director at Tesla India Motors and Energy Private Limited, where he plays a pivotal role in shaping Tesla’s expansion strategy in India.

 

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