Tech

Vaibhav Taneja appointed Chief Financial Officer of US electric car giant Tesla

US electric car giant Tesla has appointed Indian-origin Vaibhav Taneja as its Chief Financial Officer as the previous finance chief Zachary Kirkhorn announced his decision to step down, according to a company filing on Monday.

Taneja, 45, was appointed Tesla CFO in addition to his current role as Chief Accounting Officer (CAO) of the auto major. He has served as Tesla’s CAO since March 2019 and as the Corporate Controller since May 2018. He also 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.

Taneja was earlier employed at PricewaterhouseCoopers in both India and the US between July 1999 and March 2016, the company filing said.

Tesla also said the company recorded “tremendous expansion and growth” during Kirkhorn’s 13-year tenure.

“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,” Kirkhorn said in a LinkedIn post.

IN Bureau

Recent Posts

Indian Army launches AI incubation centre in Bengaluru

Indian Army chief Gen Upendra Dwivedi on Wednesday inaugurated the Artificial Intelligence Incubation Centre (IAAIIC)…

10 hours ago

Indian Embassy announces repatriation of 28 Indian fishermen from Bahrain

The Indian Embassy in Bahrain on Wednesday announced the repatriation of 28 Indian fishermen who…

11 hours ago

Uniform Civil Code will be implemented in Uttarakhand from January 2025: CM Dhami

Chief Minister Pushkar Singh Dhami announced that the Uniform Civil Code (UCC) will be implemented…

11 hours ago

PM Modi to visit Kuwait on December 21-22, marking first Indian Prime Ministerial visit in 43 years

Prime Minister Narendra Modi will visit Kuwait on 21-22 December 2024, at the invitation of…

11 hours ago

Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25

The gross direct tax collections by the government so far in 2024-15 were 20.32 per…

12 hours ago

17.8 lakh new workers enrolled under ESI Scheme in October

As many as 17.80 lakh new employees have been added under the ESI Scheme in…

13 hours ago