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Havish Gupta

Figuring Out • 1d

Who is Deepak Ahuja? Early Background: - Born in India - Completed a ceramics degree from IIT - Studied materials engineering at Northwestern University - Studied business at Carnegie Mellon University Carrer: - Started his job at Ford as an A&D Manager - Moved to Auto Alliance as CFO in 2000 - Joined Ford South Africa as CFO in 2003 - Later headed Product Development at Ford Entry into Tesla: - Tesla was financially struggling and on the verge of bankruptcy - Deepak Ahuja joined Tesla as CFO in 2008 - Tesla had $15 million in revenue at the time - He Played a crucial role in securing a $465 million loan from the U.S. Department of Energy - Lauched Model S and purchase the Fremont factory from Toyota and GM - In 2010, he helped Tesla go public, raising $226 million - Helped Tesla secure a partnership with Panasonic for battery supply - Ensured Tesla had capital to scale the Model S and produce the Model X - Retired in 2015 when Tesla's revenue was $4 billion Return to Tesla: - In 2017, Tesla was struggling to mass-produce the Model 3 - The company was also burning cash rapidly, and investors feared another financial crisis - Deepak Ahuja returned as CFO in 2017 - Managed cash flow and helped Tesla cut costs - This helped Tesla turn profitable for the first time in Q3 2018 - Retired once again in 2019 with Tesla’s revenue was over $22 billion and 530,000 cars on the road - After his retirement announcement, Tesla’s stock dropped by 6%, and the company made losses in the next two quarters Current Role: - He is Now working as the Business Head and CFO at Zipline (the American drone startup) While Tesla wouldn't be Alive without Elon Musk and his investments at Tesla, Deepak's role at Tesla is undeniable. As a result, he was awarded as CFO of the Year by San Francisco Business Times (2014), Silicon Valley Business Journal (2010), and CFO Dive (2019) What do you think?

4 replies31 likes

Replies (4)

KumarN

The tagline • 7h

yes,He is a Cheif Financial officer in Tesla and Ford. He joined as Cheif Financial officer in Tesla From 2008-2015.After He returned as Cheif Financial officer again in2017 in Tesla. And in 2020Jan he joined as Cheif Financial officer in Verily.

1 replies1 like

SHIV DIXIT

CHAIRMAN - BITE INDU... • 19h

Indian's work but not show-off and that's why Americans businessmen support Indian employees more but every origin foreign Indian employee brutally damaged indian business ecosystem even now Tesla going to hire top Indian talent against top Indian business giants.... Talent will definitely choose Tesla for fame and money not mahindra for money and nation.... we'll it's their decision

1 replies3 likes

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KumarN

The tagline • 3h

Deepak Prabhu Ahuja is an Indian-American financial executive working in the life sciences industry who previously worked in the automotive manufacturing industry.

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Jaswanth Jegan

Founder-Hexpertify.c... • 9m

"ELON MUSK is not The FOUNDER Of Tesla" Bankruptcy to Billions #2 Tesla's Turnaround Story Tesla was founded by Martin Eberhard and Marc Tarpenning in 2003.Elon Musk joined Tesla in 2004 as chairman by investing $6.5 million of his own money, whic

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Anonymous

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Henry Ford and his wife Clara in 1946 driving the first automobile produced by the Henry Ford Company in 1896.

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Vishu Bheda
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Medial • 4m

When Tesla was founded in 2003, Elon Musk wasn't even an employee. By 2008, Tesla was nearly bankrupt. Then Elon took over as CEO. 15 years later, they're worth $727 Billion. Everyone should understand how Elon brought Tesla back from the dead: 🧵

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ASWIN ANAND

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Tesla, Inc. was founded by Martin Eberhard and Marc Tarpenning in 2003. Although Elon Musk is often closely associated with Tesla, he joined the company later in 2004 as an investor and chairman of the board. Musk played a significant role in shaping

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Sajin
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Winning strategies: Products and Markets are created with gaps that exist in people's mind: 1. PRODUCT DIFFERENTIATION: A Classic example - Ford vs GM. Ford manufactured Model T cars in black because it was easy to paint. When mass producer Henry F

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Daxshh

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Plans and maps, I used to make when I was in 8th grade. Hope it works for youu as It has helped me a lott, in the path of self improvment. 🌝

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Ronak Patel

Here you go! • 7m

As an aspiring entrepreneur I bought the books by Sarthak Ahuja, looking at the content I can say that it is helpful for entrepreneurs to go from -1 to 0. It includes all the basics, besides I heard the book named venture deal which is also of same c

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Havish Gupta

Figuring Out • 15d

How BYD Is Killing Tesla in Its Own Game It was 2011, and in a Bloomberg interview, The interviewer asked Elon, “What do you think about BYD?”. Upon hearing the name, Elon started laughing and responded, “Do you think they are our competitors? Have