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.

Click here for an image of Deepak Ahuja

About Tesla Motors

Tesla Motors develops and manufactures electric vehicles with exceptional design, performance and efficiency, while conforming to all U.S. safety, environmental and durability standards. The Tesla Roadster is the only highway capable production electric car of any kind for sale in the United States.

With a 0 to 60 mph acceleration of 3.9 seconds, a 14,000 rpm redline, and the fastest top gear acceleration of any production car tested by Car & Driver magazine in 2007, the Tesla Roadster is unique in providing super car performance, zero emissions and extraordinary efficiency. For more information, visit www.teslamotors.com.