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TESLA’S INDIAN-ORIGIN CFO VAIBHAV TANEJA HAS MADE GLOBAL HEADLINES FOR EARNING AN ASTOUNDING USD 139.5 MILLION IN TOTAL COMPENSATION IN 2024. THIS RECORD-BREAKING SALARY HAS SURPASSED THOSE
OF HIGH-PROFILE TECH LEADERS LIKE SATYA NADELLA AND SUNDAR PICHAI. New Delhi: Tesla’s Indian-origin CFO, Vaibhav Taneja, has made global headlines for earning USD 139.5 million in total
compensation in 2024. This indeed is a record-breaking salary which has surpassed the high-profile tech leaders like Satya Nadella and Sundar Pichai. Taneja’s journey from Delhi University
to the financial helm of Tesla is being celebrated as a symbol of excellence and global achievement. Here is everything you must know about the CFO of Tesla. FROM DELHI TO WALL STREET:
VAIBHAV TANEJA’S INSPIRING RISE Vaibhav Taneja began his academic journey at Delhi University, earning a Bachelor of Commerce in 1999. He later became a Chartered Accountant in India and a
Certified Public Accountant (CPA) in the U.S. in 2006. Taneja spent 17 years at PwC in India and the U.S., eventually joining SolarCity in 2016. After SolarCity merged with Tesla in 2017,
his career took off. CLIMBING TESLA’S CORPORATE LADDER At Tesla, Taneja quickly rose through the ranks. From Assistant Corporate Controller, he became Corporate Controller in 2018, Chief
Accounting Officer in 2019, and finally Chief Financial Officer in August 2023. Today, he also serves as a director for Tesla India Motors and Energy, playing a crucial role in shaping
Tesla’s strategy for the Indian market. THE USD 139 MILLION COMPENSATION THAT TURNED HEADS Taneja’s 2024 salary package is largely stock-based and designed to vest over four years. At the
time of the award, Tesla shares were priced at $250 but later surged to USD 342, boosting the overall value of his compensation. This puts him far ahead of Satya Nadella’s USD 79.1 million
and Sundar Pichai’s USD 10.7 million for the same year, and even broke Nikola’s previous CFO salary record of USD 86 million in 2020. CHALLENGES AND CRITICISM AMID REWARD Taneja’s soaring
pay comes at a time when Tesla faces tough market conditions, including falling EV sales and tighter margins. While critics question massive executive pay, Tesla defends rewarding leaders
with proven financial expertise to guide the company through turbulent times. THE MAN BEHIND THE BILLIONS Vaibhav Taneja is known not for flamboyance, but for strategic financial leadership
and calm precision. With over two decades of experience, he has become a role model — especially for Indians abroad — proving that skill, dedication, and global adaptability can lead to
extraordinary success on the world stage.