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Tesla says Elon Musk's 2020 compensation was nil

Reuters2021-08-14

Aug 13 (Reuters) - Tesla Inc said on Friday Chief Executive Officer Elon Musk's total compensation for 2020 was nil, compared to $23,760 in 2019.

The electric-car maker also said in a regulatory filing that finance chief Zachary Kirkhorn's total compensation was $46.6 million, versus the $21.2 million he got in 2019.

The pay package of Musk, who is also a major shareholder and CEO of rocket maker SpaceX, requires Tesla's market capitalization and financial growth to hit a series of rising targets.

As of April, Musk had qualified for Tesla options in his 2018 pay package that are now worth over $30 billion.

Tesla added "Technoking of Tesla" to Musk's list of official titles in a regulatory filing in March that also named Kirkhorn "Master of Coin."

Earlier this month, Reuters reported that Musk will be also subject of a biography by Walter Isaacson, the U.S. author who penned a best-selling tome on Apple co-founder Steve Jobs.

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Comment22

  • Lovery5
    ·2021-08-16
    ?
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  • HappyGo1977
    ·2021-08-15
    cool
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  • SXZX2026
    ·2021-08-15
    More to come! 
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  • Francislch
    ·2021-08-15
    ?
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  • Rickyt089
    ·2021-08-15
    Like pls
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  • BlueDaisy
    ·2021-08-14
    His biography by W. Isaacson!! Yes!! 
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  • CKRI
    ·2021-08-14
    Like pls
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  • OngOng
    ·2021-08-14
    Why?
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    • OngOng
      Should ask him to pay the company
      2021-08-14
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  • KSONG
    ·2021-08-14
    Like
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  • Weijunn
    ·2021-08-14
    ?
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  • Ermmmmmm
    ·2021-08-14
    Already rich enough 
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  • Lanying
    ·2021-08-14
    O
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    • Lanying
      O
      2021-08-14
      Reply
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  • eyescold
    ·2021-08-14
    Reply
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  • ben t
    ·2021-08-14
    Ok
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    • ben t
      k
      2021-08-14
      Reply
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    • Aurum
      K
      2021-08-14
      Reply
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  • Rocketupup
    ·2021-08-14
    Pls like
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    • Tingg
      like
      2021-08-14
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    • Rocketupup
      Thanks
      2021-08-16
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  • luv2trade
    ·2021-08-14
    ok
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  • Wongce
    ·2021-08-14
    Good
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  • Fungicide
    ·2021-08-14
    Ok
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  • Victorhc88
    ·2021-08-14
    Like pls
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  • JayNayHayDay
    ·2021-08-14
    Thats cool! Like pls
    Reply
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