He's not from IIT, IIM. Meet DU grad who manages Elon Musk's finances and earns Rs 1,100 crore. Who is Vaibhav Taneja?
Elon Musk
's retinue and manages his $400 million (approximately Rs 33.938 crores) net worth. And he's not from IIT or IIM. Meet
Vaibhav Taneja
. The Indian-origin chartered accountant currently works as chief financial officer at Tesla and draws a whopping Rs 1100 crore every year, as per a
The Wall Street Journal
report.
According to a report published by
Financial Express,
Vaibhav Taneja has been officially appointed as the treasurer and custodian of records for Elon Musk's recently unveiled political initiative, the
America Party
. This marks a significant transition in Taneja's career, as he previously served as the Chief Financial Officer (CFO) of Tesla, the renowned electric vehicle and clean energy firm.
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As per his LinkedIn profile, Taneja completed his undergraduate degree in commerce at Delhi University in 1999. The following year, he achieved the distinction of becoming a chartered accountant. His pursuit of global qualifications led him to the United States in 2006, where he obtained the prestigious
Certified Public Accountant
(CPA) credential, laying the groundwork for an expansive international finance career.
Taneja's professional experience is extensive, beginning with nearly 17 years at the global consulting giant PricewaterhouseCoopers (PwC). During this period, he was involved in managing financial operations, regulatory filings, and IPO processes for a broad portfolio of more than 500 clients. His transition into the renewable energy sector began in 2016, when he joined SolarCity, a company focused on solar technology, which was later absorbed into Tesla's operations.
By 2017, Taneja had become an integral part of Tesla and quickly advanced within the organization. In 2023, he was elevated to the position of Tesla's CFO. In the following year, his total compensation reached approximately $139.5 million (equivalent to nearly ₹1,157 crore), though his base salary was only $400,000. The remainder of his income came from stock options and equity-based awards. Additionally, Taneja holds the role of Director at
Tesla India Motors and Energy
Pvt. Ltd., where he has been a key figure in driving Tesla's market entry and operations in India.
With his new responsibilities in the America Party, Taneja will oversee political funding, budget allocation, and compliance with financial regulations. Elon Musk has once again demonstrated his confidence in Taneja—not just for guiding Tesla's financial direction, but now also for securing the monetary backbone of his emerging political movement.
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