From Yahoo Finance: 2025-05-01 10:05:00

Tesla CFO Vaibhav Taneja’s total 2024 compensation exceeded $139 million, with $113 million in stock options and $26 million in stock awards. The company adjusted salaries and equity awards for executives, including Taneja. Taneja’s equity award was mostly stock options, and Tesla grants one-time new hire equity awards.

As Tesla faces economic challenges in 2025, CFO Taneja and other executives have sold millions in stock. Taneja sold shares worth $957,720 in April, following previous sales. The company’s stock price has fallen by approximately 25% year to date, amidst declining EV sales and macroeconomic changes.

During an earnings call, Taneja discussed the impact of tariffs on the auto industry, noting a 71% drop in Tesla’s net income. CEO Elon Musk assured investors of the company’s stability, amidst consumer backlash and reports of executive search firms seeking a successor. Musk’s compensation for 2024 as CEO was not disclosed, as he battles a court case over a $56 billion pay package.

Read more: Tesla CFO equity, stock grant pushes comp to $139M