Elon Musk does not earn a salary as CEO of Tesla. In place of a salary, in 2018, Elon arranged to receive a highly unusual and potentially very lucrative bonus plan tied to the company's market cap milestones. When the plan was forged, Tesla was worth around $50 billion. In very simp...
Net Worth & Salary of Elon Musk in 2025 As of January 2025, Elon Musk has an estimated net worth of over $180 billion. He has made his net worth through his various business modules. He is also a smart investor who likes to double triple his wealth by investing in beneficial companies....
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like, anti-American self-destructive element, especially in, like the, you know, elite circles within the U.S. Like, teaching it's bad to be an American. And I'm like, this is insane," Musk said to Ramaswamy, Friday.
As biographer Walter Isaacson wrote in his hit book about the billionaire published earlier this year, Musk convinced Sutskever to jump ship from Google back in 2015, offering him a $1.9 million salary and a starting bonus to help him and Altman cofound OpenAI. That poaching apparently ticked ...
— Elon Musk (@elonmusk)March 7, 2023 Would you say that you’re a people person?https://t.co/kLD9NWHVIT — Elon Musk (@elonmusk)March 7, 2023 One of Musk’s followers found the exchange humorous and told Elon as much. Elon explained his wise management decisions: since the...
The pay package included 12 targets covering company valuation, operational revenue, and profitability. Upon achieving all these targets, Musk would receive stock options equivalent to about 12% of Tesla’s shares. During the execution period, Musk would forgo salary and bonuses, meaning he would ...
Keep in mind that Tesla also cut around 15,000 jobs this week. Musk's $56 billion package would be the equivalent of each one of these employees earning $3.7 million. Granted, a salary payment is not the same as the compensation package being debated for Musk, but it certainly puts comp...
In the 2018 plan, Musk would not get salary or cash bonuses. Instead he was to receive only stock options, and only if the company met certain thresholds. It would need to grow its total market value by certain amounts, while also hitting targets for ...
OpenAI's "structure doesn't seem optimal," Musk wrote in a November 2015 email to OpenAI CEO Sam Altman, according to screenshots shared in the blog post. He added that receiving a "salary from the nonprofit muddies the alignment of incentives" and that it's "probably better to have a ...