Sundar PichaiSundar Pichai earned $164M in 2023

Elon Musk is the CEO of Tesla, where he has been a driving force since 2008. He’s known for his unique pay structure, which is tied closely to Tesla's performance. Instead of a traditional salary, Musk's earnings come primarily from...

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Elon Musk

Founder and CEO of Tesla, Inc.

Education

Bachelor's degree in Physics and Economics from the University of Pennsylvania

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

June 28, 1971 - 53 years ago

CEO of Tesla, Inc. for

16 years 6 months (Oct 2008 - Present)

Previous Experience

Co-founder of Zip2, X.com (which became PayPal), and SpaceX.

Holdings

See how much did Elon Musk make over time.

Elon Musk’s stock holdings in Tesla are massive, totaling over 170 million shares in 2021. In 2021, he exercised 22.8 million stock options, which generated around $23.45 billion due to Tesla's soaring shares. While his wealth significantly fluctuates with the...

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Total Stock Sold

$17.99B

TSLA

$17.99B

149,658,683 TSLA shares

What if they kept their stock?

If Elon Musk didn't sell their stock, today they would have:
Extra TSLA149,658,683 shares worth $5.15B.
This is -71.37% and $12.84B less than what they got when they sold the stock.

Charitable Transactions

TSLA

43,192,440 shares

TSLA

Recent Charitable Transactions

TSLA

268,000 shares

TSLA

Dec 30, 2024

Charity

TSLA

12,570,841 shares

TSLA

Dec 31, 2022

Charity

TSLA

11,570,599 shares

TSLA

Dec 31, 2022

Charity

TSLA

5,044,000 shares

TSLA

Dec 31, 2021

Charity

TSLA

17,000 shares

TSLA

Dec 16, 2019

Charity

TSLA

1,200,000 shares

TSLA

May 19, 2016

Charity

Insider Trading

See recent insider trades of Elon Musk.

TSLA

268,000 shares

TSLA

Dec 30, 2024

Charity

TSLA

11,570,599 shares

TSLA

Dec 31, 2022

Charity

TSLA

12,570,841 shares

TSLA

Dec 31, 2022

Charity

TSLA

$3.63B

TSLA at $165.00/share

Dec 12, 2022

Sale

TSLA

$851.50M

TSLA at $193.52/share

Nov 8, 2022

Sale

TSLA

$1.11B

TSLA at $202.96/share

Nov 7, 2022

Sale

TSLA

$2.04B

TSLA at $211.67/share

Nov 4, 2022

Sale

TSLA

$2.58B

TSLA at $853.48/share

Aug 9, 2022

Sale

TSLA

$17.29M

TSLA at $874.46/share

Aug 9, 2022

Sale

TSLA

$53.61M

TSLA at $899.72/share

Aug 8, 2022

Sale

Compensation History

See how much did Elon Musk make over time.

In 2023, Elon Musk's official compensation amounted to $1.86 million, all derived from exercising stock options. He has not received a salary or bonus since 2020, indicating a shift to performance-based earnings. His compensation philosophy connects directly to Tesla’s performance, where he only benefits if the company meets specific metrics like market capitalization and operational milestones. The performance-based plan Musk entered in January 2018 sets an ambitious target, requiring Tesla to grow significantly in terms of market valuation and performance metrics, which are tough but aligned with his mission to lead Tesla towards a sustainable future. It has faced scrutiny over its size, given it’s the largest potential pay plan in public markets history at $55.8 billion. This link between Musk’s rewards and Tesla's success captures his commitment to combining leadership with measurable results.

Year

2023

Total Compensation

$1.86M

Salary

$0.00

Board Justification

Tesla's compensation philosophy emphasizes performance-based compensation, aligning the CEO's interests with those of stockholders through equity awards tied to market capitalization and operational milestones.

Bonus

$0.00

Board Justification

No cash bonuses were provided to named executive officers in 2023.

Other

$0.00

Board Justification

No other compensation was provided to Elon Musk in 2023.

Restricted Stock

$1.86M(0 Stock options)

Board Justification

No stock awards vested in 2023 as all compensation is tied to performance-based stock options.

Performance Metrics

Elon Musk's compensation is tied to achieving specific market capitalization and operational milestones, with no guaranteed salary or cash bonuses.