Tesla’s untouched CFO now has two jobs and a dozen of query marks

BE desk

The exchange comes at a important generation for Tesla. The corporate is construction a untouched manufacturing unit in Mexico and making ready to deliver its Cybertruck pickup to the marketplace because it fends off opponents within the an increasing number of crowded EV marketplace. Tesla has been chopping costs throughout its lineup to guard its place atop the EV business, and profitability has taken a clash.

Taneja began his profession in Unutilized Delhi. He graduated in 1999 with a bachelor’s stage in trade from Delhi College, consistent with his LinkedIn profile. He later spent virtually 17 years at PricewaterhouseCoopers, Tesla’s longtime accounting company.

He joined SolarCity in 2016 and turned into company controller. Tesla quickly thereafter bought the sun panel installer. The automaker’s shareholders nearest sued Musk and Tesla’s board, accusing them of hiding SolarCity’s monetary woes.

Taneja turned into Tesla’s company controller in Would possibly 2018 and used to be named well-known accounting officer in March 2019. His predecessor, Dave Morton, were leased clear of Seagate Era Plc however resigned then not up to a week.

Taneja owned about 105,000 stocks of the corporate as of July 7, a stake this is recently valued at about $26 million, consistent with knowledge compiled by way of Bloomberg.

The EV maker has simply 4 government officials: Musk, Drew Baglino, the senior vp of powertrain and effort engineering; Tom Zhu, senior vp of automobile; and now Taneja.

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