On Monday Tesla confirmed that it has away from Mazda to head up a new in-house design organization.

'Deepak's experience as CFO of multibillion-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 in a statement. '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.'