Vaibhav taneja: Vaibhav Taneja of Indian origin, which is the Chief Monetary Officer (CFO) of Electrical Automobile Firm Tesla, has come below the world worldwide dialogue in 2024. He has achieved a complete bundle of $ 139.5 million (about Rs 1160 crore) this yr, which is greater than the veteran CEO like Satya Nadella (Microsoft) and Sundar Pichai (Google). His journey began from Delhi College has now grow to be an instance of world success.
Story from Delhi to Wall Road
Vaibhav Taneja graduated in Commerce from Delhi College in 1999 after which turned a chartered accountant. Then he additionally acquired the title of Licensed Public Accountant (CPA) in America in 2006. He labored in India and America for about 17 years PWC (PriecWaterhouseCoopers). In 2016, he joined Solarcity and when the corporate merged with Tesla in 2017, his actual flight started.
Quick progress in Tesla
In Tesla, Taneja began as a company controller. Then in 2018, he turned Company Controller, Chief Accounting Officer in 2019 and at last CFO in August 2023. Together with this, he’s additionally the director of Tesla India Motors and Vitality and is enjoying an necessary position in shaping Tesla’s technique in India.
Incomes $ 139.5 million
The big a part of his earnings acquired in 2024 relies on shares, which will probably be fully wasted within the subsequent 4 years. When this bundle was fastened, Tesla’s inventory was priced at $ 250, which later elevated to $ 342 – inflicting his whole incomes determine to extend additional. This quantity is greater than Satya Nadella ($ 79.1 million) and Sundar Pichai ($ 10.7 million). Even in 2020 it crossed the report of $ 86 million created by Nikola’s CFO.
Questions additionally amid rising criticisms
Tesla is at present dealing with challenges reminiscent of declining gross sales of electrical autos and declining revenue margin. In such a scenario, it’s certain to query such an enormous wage of Taneja. Nonetheless, the corporate believes that it’s essential to reward skilled monetary management in tough occasions, in order that the corporate can get stability and improvement.
Identification of success in simplicity
Vaibhav Taneja shouldn’t be a brilliant individual, however he’s recognized for calm and strategic pondering. Along with his 20 years of expertise and arduous work, he confirmed that with skill, dedication and international pondering, any individual can grow to be an instance on the worldwide stage, particularly for abroad Indians.
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