Indian-origin Tesla CFO Vaibhav Taneja is now the treasurer of Elon Musk’s America Party, formed after Musk feuds with Trump and aimed at disrupting the current political structure.

The CFO of Tesla, Vaibhav Taneja, has been named treasurer of Elon Musk's newly formed America Party. Following Musk's public spat with President Donald Trump over the so-called Big, Beautiful Bill, the new party was established to upend the US two-party system.

America Party's headquarters are located at 1 Rocker Road in Hawthorne, California, according to the FEC filing. Elon Musk is identified as the only candidate representing the party, while Vaibhav Taneja has been designated as both treasurer and records custodian. An address associated with Taneja and Tesla from the official paperwork has appeared on social media.

Trump signed the Big, Beautiful Bill into law the day after Musk formally declared the formation of his America Party. Musk claimed that he founded the party to oppose the two-party Republican-Democratic system. In an X post, he stated, "You want a new political party, and you will have it by a factor of two to one." To restore your freedom, the American Party was established today.

Managing the party's money is the primary duty of a political party treasurer. They have to make sure that campaign funding laws are followed. In addition to keeping correct financial records, they are in charge of managing contributions and expenses. Another responsibility of a treasurer is to stop any illicit financial activities. They are expected to keep thorough records of every financial transaction, including debts, loans, contributions, and expenses.