Tesla says Elon Musk's 2020 compensation was nil

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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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Lovery5
·2021-08-16
?
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1
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HappyGo1977
·2021-08-15
cool
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SXZX2026
·2021-08-15
More to come!
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1
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Francislch
·2021-08-15
?
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1
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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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1
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OngOng
·2021-08-14
Why?
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6
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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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7
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Weijunn
·2021-08-14
?
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8
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Ermmmmmm
·2021-08-14
Already rich enough
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4
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Lanying
·2021-08-14
O
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3
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- Lanying:
  O
  2021-08-14
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eyescold
·2021-08-14
?
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- bananafruit:
  Ok
  2021-08-14
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- JaydenNg:
  Nice
  2021-08-14
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ben t
·2021-08-14
Ok
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2
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- ben t:
  k
  2021-08-14
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- Aurum:
  K
  2021-08-14
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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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4
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Wongce
·2021-08-14
Good
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- luv2trade:
  k
  2021-08-14
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Fungicide
·2021-08-14
Ok
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Victorhc88
·2021-08-14
Like pls
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- deal2deal:
  ok
  2021-08-14
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JayNayHayDay
·2021-08-14
Thats cool! Like pls
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