On June 13, $Tesla Motors(TSLA)$ shareholders will vote on whether to grant stock options to Musk.
The controversy over Musk’s sky-high pay package has been ongoing.
In 2023, Musk's compensation was $0, as he doesn't draw a salary from Tesla and is compensated via stock options.
As per Tesla's 2018 package, Musk will receive options for 304 million shares, valued about $50 billion now.
How much do CEOs of other companies make in a year?
$Alphabet(GOOG)$ CEO Sundar Pichai received $226 million in total pay in 2022, which included $218 million in stock awards.
$Oracle(ORCL)$ CEO Safra Catz received $138.2 million in total compensation for fiscal year 2022
$Apple(AAPL)$ CEO Tim Cook took home $99 million for fiscal year 2022.
$Microsoft(MSFT)$ CEO Nadella received a total annual compensation of $55 mln in 2022.
$NVIDIA Corp(NVDA)$ CEO Jensen Huang’s total compensation for the fiscal year 2024 was $34.2 million.
How do you view CEO’s pay package?
Who is the real king worker?
Would you like to receive stock options and $0 salary like Elon Musk?
Leave your comments and also post to win tiger coins~
Comments
it's a norm that these big shots receive shares as part of their package... this is one aspect that makes them super duper rich...
of course the stock has to do well... so they can get richer [Miser] [Miser] [Miser]
I would like to have stocks too as part of my package but it has to be good stock... make me super duper rich too [Grin] [Grin] [Grin] good to dream sometime... bring some comfort... [Happy] [Happy] [Happy]
@LMSunshine @GoodLife99 @Shyon @Aqa @Universe宇宙 @koolgal @rL @HelenJanet @TigerGPT
How do you view CEO’s pay package?
Who is the real king worker?
Would you like to receive stock options and $0 salary like Elon Musk?
Leave your comments and also post to win tiger coins~
Elon Musk is known for his ability to quickly adapt and adjust his plans according to changing circumstances.
He is not afraid of taking risks, and he is willing to make decisions that are in the best interest of the company, even if it means going against conventional wisdom or popular opinion.
Musk’s positive attitude is infectious, and it is one of the cornerstones of his leadership style. He believes in creating a culture of optimism and possibility where everyone can dream big and strive for greatness.
The Elon Musk phenomenon is truly inspiring. His leadership style has revolutionised the tech industry and set a new standard for excellence in business.
@Tiger_comments @TigerStars @CaptainTiger @MillionaireTiger @TigerGPT
receiving company's stock as part of pay package is like dangling a carrot in front. it can motivate employees, foster a sense of ownership, and provide long-term financial gains