August 8, 2023
1 min read

Indian-origin Vaibhav Taneja named Tesla CFO

Musk, during his June meeting with Prime Minister Narendra Modi in the US, has said he will visit India next year…reports Asian Lite News

 Elon Musk-run Tesla has appointed Indian-origin Vaibhav Taneja as its Chief Financial Officer (CFO), as the company targets India as it next major supply ecosystem creator.

Taneja is currently serving as the Chief Accounting Officer, and will take the CFO post as an additional responsibility. He will replace Zachary Kirkhorn who completes his 13-year stint with Tesla, according to repeats.

“Being a part of this company is a special experience and I’m extremely proud of the work we’ve done together since I joined over 13 years ago,” Kirkhorn said in a post on the professional networking platform LinkedIn.

The development comes at a time when Tesla has reportedly held discussions with the Indian government officials to bring its auto parts and electronics chain to the country in the near future.

Musk, during his June meeting with Prime Minister Narendra Modi in the US, has said he will visit India next year.

Musk told reporters in conversations following his meeting with Modi: “He really cares about India because he’s pushing us to make significant investments in India, which is something that we intend to do and we’re just trying to figure out the right timing.”

It was a change of plans for the mercurial Musk who had earlier refused to consider manufacturing in India unless India lowered tariffs for imported Teslas to be sold in India.

ALSO READ-Rs 20L for Tesla: Musk’s India EV factory plan gathers pace

Previous Story

Peking Snubs Pakistan

Next Story

Imran ready to spend rest of his life in prison: Lawyer

Latest from Business

‘Ethics Build Brands, Not Shortcuts’ 

The gift of ‘imagination’ that only a human mind possessed, could make all the difference between success and failure and could never be overestimated…writes D.C. Pathak  Different aspects of business, including sales

Auto Sector on the Rise in India

The auto expo aims to unite the entire mobility value chain under one umbrella, setting the stage for the future of mobility….reports Asian Lite News India’s auto sector is poised for strong
Go toTop