Tesla, the prominent American machine mammoth, has named Vaibhav Taneja, an existent of Indian origin, as its new Chief Financial Officer. Taneja, who presently holds the position of Chief Accounting Officer, will assume the fresh responsibility of CFO. This appointment follows the departure of Zachary Kirkhorn, who concludes his 13- time term with Tesla.
Although the precise reason for this transition has not been officially borne by the Elon Musk- led company, Kirkhorn is anticipated to remain in his part until the close of the time to insure a smooth and flawless handover. In a LinkedIn post, Kirkhorn participated his sentiment, saying,” Being a part of this company is a special experience and I am extremely proud of the work we have done together since I joined over 13 times agone.”
Vaibhav Taneja, aged 45, completed his commerce degree from the University of Delhi. His association with Tesla dates to 2016, following the company’s accession of SolarCity. Besides serving as the Chief Accounting Officer, Taneja has also taken on the part of” Master of Coin” within the association, according to Tesla.
In January 2021, Taneja was appointed as a director for Tesla’s Indian arm, Tesla India Motors and Energy Private Limited. With over two decades of experience in account, Taneja has contributed his moxie to colourful transnational companies gauging the technology, finance, retail, and telecommunications sectors. This appointment arrives at a juncture when Tesla is laboriously pursuing strategies to amplify its deals and compound its request share. In alignment with this ideal, the machine major has indeed dropped the prices of its vehicles, albeit impacting its assiduity- leading profit perimeters, according to a report from the Reuters news agency.
A noteworthy aspect is that the gregarious CFO, Zachary Kirkhorn, was formerly regarded as a implicitsuccessor to Elon Musk, especially when investors raised enterprises about Tesla’s race plan. Presently, Elon Musk leads other gambles similar as SpaceX, Neuralink, and the Boring Company, in addition to serving as the Chief Technology Officer of X( formerly known as Twitter).