Tesla CEO Elon Musk told the Qatar Economic Forum that he has no intention of quitting his role as a leading EV maker in the coming years. (Credit: Bloomberg TV)
Tesla’s Financial Manager I received more paid packages than most CEOs.
Last year, Vaibhav Taneja’s wage package won a notch of more than $139 million. This was tied to stock options and equity awards, according to regulatory filings. The figures overturned the total remuneration that revenue brought back by a small number of CEOs of large companies, according to the equivalent.
Equilar’s Equilar 100 report includes the largest pay package awarded to CEOs of US or listed companies who have generated more than $1 billion in revenues before April 30, 2024 with a power of attorney filed in 2023.
Musk says he will remain Tesla’s CEO for the next few years
Taneja was with an electric vehicle manufacturer long before he was appointed CFO in August 2023. Taneja has been a corporate controller since May 2018, and has served as an assistant to the corporate controller from February 2017 to May 2018, and has served as Chief Accounting Officer since March 2019.
The Tesla vehicle is on display at the Tesla store in Palo Alto, California. (Yichuan Cao/Nurphoto via Getty Images)
American CEOs Elon Musk, Sam Altman and Larry Fink join Saudi royal Trump
According to regulatory filings at the end of April, Tesla’s board recently established a special committee to “consider certain compensation matters” for top boss Elon Musk. Electric car manufacturer.
Vaibhav Taneja was with the electric car manufacturer long before he was appointed CFO in August 2023. (Reuters/All Song/Reuters Photos)
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“Yes, there’s absolutely no doubt about that,” Musk said in response to questions about his tenure as Tesla CEO.
He was asked whether he plans to stay at Tesla as CEO for the next five years and whether he has any doubts about it.
“Well, no, unless I die,” Musk replied with a laugh. “If I’m dead, I won’t be CEO.”
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 345.09 | +3.00 |
+0.88% |
The role of masks as a leader in government efficiency (Doge) raised concerns among some investors about the focus on Mask Tesla. Other businesses such as SpaceX and Xai have also contributed to Tesla’s stock slides along with the demand for software EVs.
As of Tuesday, the company’s shares had slipped more than 13% a year. Furthermore, for the first time in more than a decade, global vehicle delivery also declined in the first quarter.
The automaker announced in April that first quarter delivery fell 13% amid a controversy over mask political involvement in the Trump administration, slowing consumer demand for electric vehicles (EVs).
Eric Revell from Fox Business contributed to this report.
