Tesla hires ex-Ford exec as new CFO

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Tesla Motors continues its hiring spree by bringing on Deepak Ahuja to serve as the company's CFO. Ahuja comes by way of the Ford Motor Company, where he was heading up the project to bring small European Ford's to America. Prior to that, Ahuja carried various other important financial roles with Ford and Mazda. Tesla's goal of becoming "the next great American automobile company" is a brash one, but much more likely to pan out with the proper people at the helm. Considering the rate at which Tesla Motors has been bringing on talent, including the recent addition of Franz von Holzhausen as Design Director, it is clear that the budding automaker takes its goal rather seriously. See the full press release after the break.

[Source: Tesla Motors]


Deepak Ahuja, Seasoned Auto Industry Finance Executive, Joins Tesla Motors as CFO

SAN CARLOS, CA – Deepak Ahuja, a seasoned auto industry finance executive with 15 years experience at Ford Motor Company, has joined Tesla Motors as Chief Financial Officer.

Deepak was previously the controller for Ford's small cars product development program, a strategic initiative to bring several fuel efficient cars to Ford's lineup in the United States. Previously, Deepak was CFO for Ford of Southern Africa, a $3 Billion subsidiary where he oversaw the finance, legal and IT functions. Prior to that, Deepak served as CFO for Auto Alliance International, a joint venture between Ford and Mazda with over $4 billion in revenue.

"Deepak's experience as CFO of multi-billion dollar business units with global sourcing and manufacturing operations makes him the ideal person to lead our finance organization through the company's next period of rapid growth," said Tesla CEO Ze'ev Drori. "The addition of another seasoned auto industry executive to the senior management team at Tesla demonstrates that Tesla is focused on combining the best of what Detroit and Silicon Valley has to offer in building the next great American automobile company."

"The opportunity to work for the leading alternative energy automobile company in the world, and one with as strong a brand as Tesla, is very exciting." said Deepak. "The team here has the vision, passion and the determination to make Tesla a driving force of change."

Deepak holds bachelors and masters degrees in Materials Engineering from Banaras Hindu University and Northwestern University, respectively and an MBA from Carnegie Mellon University. Deepak, his wife and two daughters have moved from Michigan to Silicon Valley, where Deepak will work out of Tesla's San Carlos headquarters.

Recently, Tesla Motors announced the appointment of auto industry veteran Mike Donoughe as EVP Vehicle Engineering and Manufacturing. The press release of the previous announcement can be found on Tesla's website.

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