This Tesla Executive Earned More Than Satya Nadella, Sundar Pichai In 2024

Tesla’s Indian-origin Chief Financial Officer, Vaibhav Taneja, earned $139 million (round Rs 1,157 crore) in 2024. His pay package deal, pushed largely by inventory choices and fairness awards submit his 2023 promotion, has eclipsed the earnings of a number of prime tech CEOs.

Mr Taneja’s base wage stood at $400,000 (Rs 3.33 crore), however the whole compensation far exceeded that of Microsoft CEO Satya Nadella, who earned $79.1 million (Rs 658 crore), and Alphabet Chief Sundar Pichai, who took residence $10.73 million (Rs 89 crore).

The 47-year-old govt, who joined Tesla in 2017, benefited from a rising inventory value, up from round $250 (Rs 20,800) on the time of the award to $342 (Rs 28,400) by May 19, 2025. Despite falling EV deliveries and earnings, Tesla’s inventory progress considerably boosted its equity-based pay.

Mr Taneja’s payout now ranks among the many highest ever for a CFO, beating the earlier document of $86 million (Rs 715 crore) set by Nikola’s CFO in 2020, earlier than the corporate filed for chapter in 2024.

Who Is Vaibhav Taneja?

1. Vaibhav Taneja is a Chartered Accountant. He holds a Bachelor of Commerce diploma from the University of Delhi, as per his LinkedIn.
2. Mr Taneja labored at PricewaterhouseCoopers (PwC) in each India and the United States for 17 years (1999-2016).
3. In March 2016, Mr Taneja joined SolarCity Corporation, a photo voltaic power firm. At SolarCity, he served as Vice President and later as Corporate Controller. Tesla acquired SolarCity in the identical yr, after which Mr Taneja led the profitable integration of the accounting groups of each corporations.
4. He joined Tesla in 2017, beginning as Assistant Corporate Controller and serving as Tesla’s Corporate Controller in 2018. In 2019, he was promoted to Chief Accounting Officer at Tesla.
5. In 2021, Vaibhav Taneja was appointed because the director of Tesla India Motors and Energy Private Limited, Tesla’s Indian subsidiary. He was appointed Tesla’s Chief Financial Officer (CFO) in August 2023.