Carl's answer is correct.
There is also a to more direct way to achieve the same thing. The Tennenbaum's theorem holds for much weaker theories, e.g. $I\Delta_0$ (even for far weaker theories like $IOpen$ plus some number theoretic principles, but not for $IOpen$, a result due to Shepherdson). $I\Delta_0+Exp$
$I\Delta_0+exp$ is finitely axiomatization due to a result byaxiomatizable, see Haim Gaifman and Constantine Dimitracopoulos in their paper, "Fragments of Peano's Arithmetic and the MRDP Theorem" and it. It is also a sub-theory of $PA$.
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TakeFor more on Tennenbaum's theorem and weak arithmetics, have a look at this paper for what is known about the weak theories and Tennenbaum's theorem:
Shahram Mohsenipour, "Hierarchies of Subsystems of Weak Arithmetic", to appear
to appear in Setin "Set theory, Arithmetic, Philosophy: Essays in Memory of Stanley TennenbaumTennenbaum" (edited by J. Kennedy and R. Kossak), Cambridge University Press.