Musk america party: Tesla’s CFO (Chief Financial Officer) Vaibhav Taneja has got a big responsibility in Allen Musk’s new political party ‘America Party’. Musk has chosen Vaibhav Taneja as the party’s Custodian of Records and Treasurer. According to a report by The Wall Street Journal, Vaibhav earned $ 139 million (about Rs 1,157 crore) in 2024. Such a huge amount is the highest in the world with the earnings of any CFO. His package was more than Microsoft CEO Satya Nadella and Gaul’s CEO Sundar Pitchi.

Vaibhav has long work experience

Vaibhav of Indian origin worked in Solar City for a year before joining Tesla in 2017. It is a company associated with solar energy, which was founded by Musk. Vaibhav also worked in Pricewaterhouse Couple (PWC) in India and America till 17 years (1999 to 2016).

In 2017, he joined Tesla as Assistant Corporate Controller. In 2018, he was elected corporate controller of the company. In 2019, he was promoted to the post of Chief Accounting Officer. Two years later, in 2021, Vaibhav Tesla’s Indian subsidiary company Tesla India Motors and Energy Private Limited was appointed. Then in August 2023, he was appointed as Tesla’s Chief Financial Officer.

Why did Musk form their new party?

Let us know that a few weeks after the dispute with US President Donald Trump, he announced his new ‘American party’. Musk says that his party will become the voice of 80 percent American voters who are not satisfied with Republican and Democrats. This party was formed after the criticism of Musk about Trump’s ‘Big Beautiful Bill’.

Trump said that the bill would make the country more bankrupt, while according to Trump’s estimate, this will add more than $ 3 trillion to the US budget deficit in the next 10 years. After the bill hail, Trump had threatened Musk to stop subsidy for companies like Tesla and SpaceX.

What will be the responsibility of Vaibhav in the party?

Now just know what will be the responsibility of Vaibhav in the party? Treasurer usually has the responsibility of managing the party’s finances. Treasurer’s job is to create an annual budget for the party and manage it, which includes both income and expenditure.

The Treasurer also has to keep the record of all the transactions and also ensure that all the expenses are according to the regulations of the party. The Treasurer uses donation and other sources to raise funds for the party. Treasurer also has the responsibility of how to raise funds for the party, where to invest and how to manage financial risks.

Also read:

Trump’s big shock to 14 countries from Japan to South Korea, 25% to 40% announcement of new tariffs

Vaibhav taneja: Vaibhav Taneja of Indian origin, which is the Chief Financial Officer (CFO) of Electric Car Company Tesla, has come under the world worldwide discussion in 2024. He has achieved a total package of $ 139.5 million (about Rs 1160 crore) this year, which is more than the veteran CEO like Satya Nadella (Microsoft) and Sundar Pichai (Google). His journey started from Delhi University has now become an example of global success.

Story from Delhi to Wall Street

Vaibhav Taneja graduated in Commerce from Delhi University in 1999 and then became a chartered accountant. Then he also received the title of Certified Public Accountant (CPA) in America in 2006. He worked in India and America for about 17 years PWC (PriecWaterhouseCoopers). In 2016, he joined Solarcity and when the company merged with Tesla in 2017, his real flight began.

Fast progress in Tesla

In Tesla, Taneja started as a corporate controller. Then in 2018, he became Corporate Controller, Chief Accounting Officer in 2019 and finally CFO in August 2023. Along with this, he is also the director of Tesla India Motors and Energy and is playing an important role in shaping Tesla’s strategy in India.

Earning $ 139.5 million

The large part of his earnings received in 2024 is based on shares, which will be completely wasted in the next 4 years. When this package was fixed, Tesla’s stock was priced at $ 250, which later increased to $ 342 – causing his total earning figure to increase further. This amount is more than Satya Nadella ($ 79.1 million) and Sundar Pichai ($ 10.7 million). Even in 2020 it crossed the record of $ 86 million created by Nikola’s CFO.

Questions also amid growing criticisms

Tesla is currently facing challenges such as declining sales of electric vehicles and declining profit margin. In such a situation, it is bound to question such a big salary of Taneja. However, the company believes that it is necessary to reward experienced financial leadership in difficult times, so that the company can get stability and development.

Identification of success in simplicity

Vaibhav Taneja is not a bright person, but he is known for calm and strategic thinking. With his two decades of experience and hard work, he showed that with ability, dedication and global thinking, any person can become an example on the international stage, especially for overseas Indians.

Also read:

Run or close the fan while running AC? 90% of people make this common mistake, know the correct answer

Tesla cfo: Vaibhav of Indian origin is the Chief Financial Officer in Taneja Tesla. You will be surprised to know that in terms of earnings, he has left many big names behind. In the year 2024, Vaibhav earned $ 139 million (about Rs 1,157 crore).

After promotion in 2023, Vaibhav Taneja’s salary was $ 400,000 (Rs 3.33 crore), but his package made a long jump from stock options and equity awards. In this case, he surpassed Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai, who earned $ 79.1 million (Rs 658 crore) and $ 10.73 million (Rs 89 crore) respectively.

Tesla’s growing stock value benefits

47 -year -old Vaibhav joined Tesla in 2017. He benefited from Tesla’s growing stock value. After becoming a CFO in 2023, Vaibhav got most of the compensation stock. In 2023, Tesla’s share to Vaibhav with a 4 -year -old welding period was around $ 250 (Rs 20,800). It rose to $ 342 (Rs 28,400) by 19 May 2025.

The interesting thing is that this happened when Tesla was facing problems like decline in supply of EV and decrease in profit. The payment made to Vaibhav Taneja is the highest in the payment made to a CFO so far. With this, he also broke the previous record of $ 86 million (Rs 715 crore) of Nicola’s CFO in 2020.

Who is Vaibhav Taneja?

• Vaibhav Taneja is a chartered accountant. He is a commerce graduate from Delhi University.
• Vaibhav worked at Pricewaterhouse Coopers (PWC) in India and America till 17 years (1999 to 2016).
• In March 2016, he joined the Solrursity Corporation. Here he took responsibility from Vice President to Corporate Controller. Tesla acquired Solrursity this year, after which Taneja led the accounting team of both companies.
• In the year 2017, he started his journey with Tesla as Assistant Corporate Controller. Tesla’s corporate controller became in 2018. In 2019, he was promoted to the post of Chief Accounting Officer.
• In 2021, Vaibhav Tesla’s Indian subsidiary was appointed as the director of Tesla India Motors and Energy Private Limited.
• He was appointed Tesla’s Chief Financial Officer (CFO) in August 2023.

Also read:

Good News! Employment rain and the transparency of the entire region too … know where Suzuki is building its plant for 1200 crores