Archive · 3 Jun 2025
Elon Musk Zero Salary at Tesla Amid Compensation Disputes
Elon Musk, the head of Tesla, hasn't been paid a salary for seven years.
His pay was supposed to be based on how well Tesla did, through stock options.
However, a judge said the way the payment was approved was not correct.
Tesla's value has increased a lot.
Now, Tesla is deciding how to handle Musk's pay going forward.
Some board members are working on a new plan.
Elon Musk has received zero salary from Tesla for the past seven years.
Musk's compensation was tied to a 2018 stock award based on company performance.
A Delaware judge canceled the 2018 stock award.
Tesla's board formed a special committee to review Musk's compensation.
Musk stated that the value of the company has increased significantly despite the lack of salary.
- Who
- Elon Musk, CEO of Tesla
- What
- Musk received zero salary from Tesla.
- When
- For the past seven years.
- Where
- S&P 500 companies
- Why
- Due to a legal battle over his 2018 stock award and performance-based compensation.
Con: Court Ruling
Pro: Performance-Based Pay
Compensation Dispute
Con: Court Ruling
A judge canceled the 2018 stock award, citing issues with the approval process and board influence.
Pro: Performance-Based Pay
Musk's pay package was designed around stock options based on Tesla's performance and achieving specific targets.
- CEO
- Elon Musk
- Company
- Tesla
- Salary
- Zero
- Pay Package
- 2018 Stock Award
- Compensation structure
- Performance-based stock options
