Elon Musk-led Tesla appoints Indian-origin Vaibhav Taneja as chief financial officer

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. Also Read: Tesla Officially Debuts the Model Y in India With a Premium Price Tag

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. Also Read: Tesla Robotaxi FINALLY Launches In Austin: How It Works And Who’s Really In Control - Everything Explained

“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. Also Read: Tesla Kicks of hiring in the Indian market; Here is the list of open roles

The development comes at a time when Tesla has reportedly held discussions with 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, 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.

— IANS