Vaibhav Taneja Wiki, Age, Wife, Family, Biography & More

Vaibhav Taneja is an Indian-American accountant who was appointed as the new Chief Financial Officer (CFO) of Tesla on 7 August 2023.

Wiki/Biography

Vaibhav Taneja was born in 1978 (age 45 years; as of 2023) in India. He pursued a bachelor’s degree in commerce from 1996 to 1999 at Delhi University. He also pursued Chartered Accountancy from 1997 to 2000 at The Institute of Chartered Accountants of India. ^[1]Vaibhav Taneja – Linkedin

Physical Appearance

Height (approx.): 5′ 9″

Hair Colour: Black

Eye Colour: Black

Family

Parents & Siblings

There is not much information about his family.

Wife & Children

His marital status is not known.

Career

Before joining Tesla, he made significant contributions to a tax consulting company called PricewaterhouseCoopers (PwC) in both India and the United States. He was with the company from July 1999 to March 2016, where he gained a solid foundation in financial methods and regulations. This knowledge now supports him in his current leadership position. He started working at PricewaterhouseCoopers (PwC), India in July 1999 as an assistant manager. In this role, he oversaw financial matters for growing businesses in industries like telecom, entertainment, media, and finance. He dealt with complex financial issues, provided solutions, and clarified accounting topics. He advised clients on improving their accounting methods. In November 2003, he was promoted to senior manager. In December 2003, he became a senior manager at PricewaterhouseCoopers in San Jose, California. He worked with medium to large companies, checking documents like Forms 10-K, 10-Q, S-1, S-3, and S-4 to make sure they followed US financial rules. He dealt with complex situations, like figuring out when income should be recognized, managing convertible debt, handling company takeovers, assessing financial problems, and dealing with issues like giving stocks to employees. He left PwC in March 2016. In March 2016, he started working at SolarCity Corporation, a company that makes solar panels and was later bought by Tesla. From March to August 2016, he was a vice president in charge of accounting operations. Then, from August 2016 to February 2017, he became the vice president and corporate controller. While at SolarCity, he took on different finance and accounting roles, showing he could handle various tasks in a changing business environment.

Tesla

Taneja joined Tesla in February 2017 as an assistant corporate controller. He did this job for nearly a year. Then, in May 2018, he got a promotion to become the corporate controller. In March 2019, he became the Chief Accounting Officer (CAO) at Tesla in the San Francisco Bay Area. He was responsible for financial reports, taxes, and keeping Tesla’s money matters in check. In August 2023, Tesla announced that Taneja would be the new Chief Financial Officer (CFO) after Zachary Kirkhorn left the job.

Net Worth

His net worth as of 2023 is 42.9 Million dollars. ^[2]Wallmine

Facts/Trivia

• Taneja has more than 17 years of work experience with large international companies in fields such as technology, retail, and telecommunications.

• As per different sources, picking Taneja as the CFO was not only a smart move but also reflects his excellent performance and abilities at the company. With the challenges of the ever-changing electric vehicle field, Taneja’s financial expertise assists in steering the company’s financial choices. After Taneja was selected to manage the money matters, Tesla aims to embrace new opportunities, solve issues, and maintain its top position in the electric vehicle market.

• In 2019, when he became the Chief Accounting Officer (CAO) of Tesla, he was given a stock option worth $6 million and a restricted stock unit worth $2 million. These grants were given to him gradually over four years.

• He has more than 4,000 pieces of Tesla Inc. stock, which are worth over $27 million. Over the past four years since 2019, he sold Tesla stock for more than $15 million. He’s been involved in over 38 transactions related to Tesla stock since 2019. On 7 July 2023, he bought 4,000 shares of Tesla stock worth $72,880. His largest transaction was on 9 June 2023, when he used 12,000 units of Tesla stock worth more than $218,640. On average, he does transactions involving around 3,166 units every 38 days since 2019. As of 7 July 2023, he has around 108,504 units of Tesla stock.