Overview
- Vaibhav Taneja, Tesla’s CFO since 2023, received $139 million in total compensation in 2024, the highest ever for a finance chief since records began in 2006.
- Taneja’s pay, driven by stock options and equity awards, far surpasses the salaries of tech leaders like Microsoft’s Satya Nadella ($79.1 million) and Alphabet’s Sundar Pichai ($10.73 million).
- Tesla reported a 13% drop in vehicle deliveries in Q1 2025, marking its largest sales decline since 2012, amid political backlash and leadership controversies.
- A Delaware court blocked Elon Musk’s $56 billion pay package, citing concerns over fairness and board independence, prompting Tesla to form a special committee to review his compensation.
- Taneja, with a background at SolarCity and Tesla since 2017, is also leading the company’s efforts to expand into the Indian market.