Vaibhav Taneja Wiki, Wikipedia, Tesla Linkedin, Education, Qualification, College, Age
Vaibhav Taneja Wiki, Wikipedia, Tesla Linkedin, Education, Qualification, College, Age -: The current Chief Accounting Officer (CAO) of Elon Musk’s Tesla, Vaibhav Taneja, will also serve as the CFO of the business.
The change comes after Zachary Kirkhorn, Tesla’s former finance director for the previous four years, resigned. Over time, Kirkhorn developed a reputation as a “master of coin,” according to Press Trust of India.
Vaibhav Taneja Wikipedia
Elon Musk, the CEO of Tesla, recently incorporated the firm in India with three directors, one of them being Vaibhav Taneja, on January 8, 2021. He is renowned for his mathematical prowess. SolarCity’s Viabhav Taneja joined Tesla in 2017. Tesla acquired SolarCity in 2016. He is Tesla’s current Chief Accounting Officer (CAO). He is a Chartered Accountant and a Certified Public Accountant. Throughout his career, he has worked with major corporations in the fields of technology, banking, retail, and telecommunications. He is more than 21 years old and has a roughly 43-year career. Additionally, he is well-versed in US GAAP.
Who Is Vaibhav Taneja?
Taneja is an Indian University of Delhi graduate with a degree in business.
Taneja shifted to Tesla in 2017 from a solar energy company SolarCity, which Tesla had acquired.
Initially, he served as SolarCity’s vice president. The position later changed to corporate controller.
According to reports, Taneja was crucial to the smooth merger of the accounting teams of the two businesses.
The 45-year-old’s prior employment included time spent at PricewaterhouseCoopers, one of the “Big Four” accounting firms. According to his LinkedIn page, he worked for PwC for a whopping 17 years till March 2016.
Zachary Kirkhorn left Tesla for what reasons?
Tesla did not provide a detailed explanation for Kirkhorn’s departure.
According to a related filing with the US Securities and Exchange Commission, Kirkhorn will still continue to work at Tesla through the end of this year to support the transition.
Tesla’s share value increased by 20% from the same period last year, according to its most recent quarterly earnings report.
Additionally, Tesla’s profit margins exceeded expectations. However, because of the falling cost of its automobiles, they remained lower than last year.
Vaibhav Taneja Education
His prior education is not given a lot of information. However, we have a lot to share with you. Vaibhav Taneja completed his Bachelor of Commerce degree from Delhi University between 1996 and 1999. From 1997 to 2000, after earning a degree, he pursued Chartered Accounting at the Institute of Chartered Accountants of India (ICAl). He finished his Certified Public Accountant (CPA) in 2006 after that.
Vaibhav Taneja Career
Vaibhav Taneja began working in 1999 after receiving his bachelor’s degree. After almost four years of employment, he is promoted to senior management at PricewaterhouseCoopers, where he began his career as an assistant manager. He left Pricewaterhouse Coopers in March 2016 after about 16 years of employment there. He began his employment with SolarCity as a Vice President of Accounting Operations and, after a short time, was promoted to Vice President of Corporate Controller. After working with SolarCity for about a year, he began his career with Tesla in 2018 as an Assistant Corporate Controller. After about a year, he was promoted to Corporate Controller in May 2018. He is currently employed by Tesla as the company’s Chief Accounting Officer (CA0), and in January 2021, he was elected to the board of directors of Tesla India Motors and Energy Private Limited.
Vaibhav Taneja News
India-born Vaibhav Taneja is appointed as Tesla’s CFO.
In addition to his existing duties as Tesla’s Chief Accounting Officer, Vaibhav Taneja will also assume those of CFO.
Indian-born Vaibhav Taneja was hired by American automaker Tesla to serve as its Chief Financial Officer. Currently, the Chief Accounting Officer, Vaibhav Taneja will take on the additional responsibilities of CFO. Zachary Kirkhorn, who has worked with Tesla for 13 years, will be replaced by him.
In order to ensure a smooth transition, Kirkhorn is anticipated to stay in his role until the end of the year despite the Elon Musk-led company’s lack of explanation for the change. Kirkhorn wrote on LinkedIn, “Being a part of this organization is a rare experience, and I’m tremendously pleased with the work we’ve done together since I joined over 13 years ago.
Tesla CFO attends Delhi University
Vaibhav Taneja, a 45-year-old University of Delhi alumnus with a degree in commerce, joined the Tesla team in 2016 when the company bought SolarCity. He also took on the key role of “Master of Coin” within the organization in addition to his core duty as chief accounting officer, the corporation claimed.
Vaibhav Taneja was also named as the director of Tesla India Motors and Energy Private Limited in January 2021. According to a Moneycontrol investigation, Vaibhav has more than 20 years of accounting experience. In the areas of technology, banking, retail, and telecommunications, he has worked with numerous global corporations.
The hiring coincides with Tesla’s efforts to increase sales and expand its market share. According to a report by news agency Reuters, the auto major even cut the pricing of its cars in order to achieve that goal, which hurt its already-competitive profits.
It’s interesting to note that when investors voiced worries about the succession plan at Tesla, the departing CFO Zachary Kirkhorn was originally thought of as Elon Musk’s replacement. Elon Musk currently oversees SpaceX, Neuralink, and the Boring Company in addition to Tesla. He also holds the position of CTO at X, formerly known as Twitter.
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