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...

Current Market Cap

$1.10T

Number of Employees

140.47K

Total Compensation

2019 - 2023

Trending down by -99.97% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -99.97% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

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.

SEC Filing

From April 29, 2024

Elon Musk

Founder and CEO of Tesla, Inc.

T

Education

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

Field of Expertise

Technology & Engineering - Engineering

Born

June 28, 1971 - 53 years ago

Is Founder?

Yes

Current Tenure

16 years 1 month (Oct 2008 - Present)

Previous Experience

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

View Holdings

Insider Holdings of Elon Musk

EDRTSLA

$134.88B

$35.99B (36.39%)

Last Insider Trade

TSLA

2,100,000 shares

TSLA

Dec 31, 2022

Charity