Tesla CFO Vaibhav Taneja has been appointed as treasurer of the newly established America Party, founded by Elon Musk in response to recent political developments.
Tesla’s Chief Financial Officer Vaibhav Taneja, originally from India, has been named treasurer of Elon Musk’s America Party, according to documents filed with the Federal Election Commission (FEC). This appointment comes as a part of Musk’s political initiative launched in early July following his disagreement with President Donald Trump over the ‘Big, Beautiful Bill’.
The FEC filing reveals that the headquarters of the America Party is located at 1 Rocker Road in Hawthorne, California. Taneja’s responsibilities within the party encompass the roles of both treasurer and custodian of records, with his Tesla-affiliated address appearing in the official paperwork, which has since been circulating on social media.
The inception of the America Party was officially announced by Musk shortly after Trump enacted the controversial bill. Reflecting Musk’s proactive approach to political engagement, he posted on the platform X, formerly known as Twitter, stating, “By a factor of 2 to 1, you want a new political party and you shall have it! Today, the America Party is formed to give you back your freedom.” As of now, Musk remains the party’s sole declared candidate.
In his new role as treasurer, Taneja will be in charge of the party’s financial oversight. His duties involve managing contributions, monitoring expenditures, and ensuring adherence to federal campaign finance regulations. This critical role requires him to maintain meticulous records of all financial transactions and prevent any illicit financial activities.
Vaibhav Taneja assumed the role of CFO at Tesla in August 2023, succeeding Zach Kirkhorn. Taneja possesses extensive expertise in corporate financial management, having joined Tesla in 2017 through its acquisition of SolarCity. Prior to becoming CFO, he served as Tesla’s Chief Accounting Officer and Corporate Controller.
Before his association with Tesla, Taneja had a noteworthy career at PricewaterhouseCoopers spanning nearly 17 years, where he provided consultancy services to major corporations regarding financial strategy and regulatory compliance.
His appointment as treasurer of the America Party highlights his significant experience and trusted position within Musk’s ventures, as he takes on a pivotal role in navigating the financial dimensions of this newly formed political entity.