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Tesla’s Elon Musk may earn as much as $2.2 billion from inventory choices

Tesla’s Elon Musk could earn up to $2.2 billion from stock options

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Tesla’s Elon Musk may earn as much as $2.2 billion from inventory choices


Tesla Chief Government Elon Musk acquired greater than $2.2 billion in inventory possibility awards in 2018, in line with a regulatory submitting.

Nevertheless, Musk will solely obtain that cash over the course of a 10-year interval if Tesla’s market capitalization reaches $650 billion.

Musk’s base wage (which he didn’t settle for) was $51,380 in 2018, which displays the authorized minimal wage in California, in line with paperwork filed with the Securities and Alternate Fee on Friday.

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The median Tesla employee’s compensation final 12 months was $56,163.

In one other submitting on Friday, the electrical carmaker revealed that 4 board members will go away the corporate as a part of a streamlining course of to permit the board to “function extra nimbly and effectively.”

Brad Buss, Antonio Gracias, Stephen Jurvetson and Linda Johnson Rice is not going to stand for re-election to the board on the finish of their respective phrases, in line with the submitting.

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“Such agreements didn’t outcome from any disagreements between Tesla and any such administrators,” the submitting mentioned.



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