Elon Musk: Zero pay but tens of billions in stock options in 2020
CNN
Tesla CEO Elon Musk got $0 in pay in 2020, according to a company filing, but he did receive stock options during the year that are now worth $22 billion.
The filing is accurate — Musk received no base pay during the year. That's in keeping with past practice at the company, although in prior filings, Tesla reported what Musk would have earned had he received California's minimum wage. For 2019 that came to $23,760. "However, he has never accepted his salary," said the company in it's filing late Friday. "Commencing in May 2019 at Mr. Musk's request, we eliminated altogether the earning and accrual of this base salary."
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