Tesla’s Indian-origin CFO Vaibhav Taneja has earned around $139 million (Rs 1,157 crore) in the year 2024. According to the Wall Street Journal report, Vaibhav’s earnings are many times more than Google CEO Sundar Pichai and Microsoft CEO Satya Nadella. Vaibhav’s earnings have increased due to the rise in Tesla’s stock. Taneja’s basic salary is $4 lakh (Rs 3.33 crore). But his package includes Tesla’s stock options and equity awards along with the salary. Vaibhav’s income is 12 times more than Sundar Pichai Tesla’s Chief Financial Officer Vaibhav’s income is about 12 times more than Sundar Pichai. Sundar Pichai has taken a salary of $10.73 million i.e. Rs 91.42 crore in 2024. At the same time, it is about 2 times the income of Microsoft CEO Satya Nadella. Satya Nadella’s salary in 2024 was $79.1 million i.e. Rs 658 crore. Vaibhav’s income increased due to the rise in Tesla’s stock. When Vaibhav joined Tesla in 2017, the share price of Tesla was $250 (about Rs 20,800). By May 2025, the share price reached $342 (Rs 28,400). Due to this, Vaibhav’s earnings have increased. The biggest package in the history of CFOs This package of Vaibhav Taneja is believed to be the biggest ever for any CFO. Earlier, in 2020, the CFO of Nikola Company earned $86 million (Rs 715 crore), but in 2024 that company declared bankruptcy. At the same time, in 2014, the CFO of Twitter earned $72 million. What are stock options and equity awards? Stock options and equity awards given to employees in the company mean that the company gives a stake as a reward for being associated with the company for a long time. For example, under the Employee Stock Option Plan (ESOP), the company gives the employee the opportunity to buy its shares in the future at a fixed price. Similarly, in equity awards, the company directly gives shares or stakes, which are usually received after some time. ———————————- Read this news Tesla leases office in Mumbai: Earlier space was taken for showroom, this indicates the company’s early entry in India Elon Musk’s Tesla has leased an office in Mumbai. According to an ET report, Tesla has taken a 30-seat workspace within a co-working facility in Phoenix Market City. For this, it will have to pay Rs 3 lakh per month. Read full news…
