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Automakers

Tesla's strong Q1 helps add $23B to Musk's compensation

Tesla CEO MUSK
Musk receives no salary at Tesla. His pay package requires Tesla's market capitalization and financial growth to hit a series of escalating targets.
R
By:
Reuters
April 20, 2022 11:29 PM

With Tesla's strong quarterly report on Wednesday, CEO Elon Musk has scored a hat trick of performance goals worth a combined $23 billion in new compensation.

Featured Stories

Manufacturing
Tariffs dent North American auto output even as automakers weigh more U.S. production
Manufacturing

Automakers are expected to produce fewer vehicles in North America because of tariff costs.

JI
By:
John Irwin
Tariffs dent North American auto output even as automakers weigh more U.S. production
EV
EV registrations surge 20% in March on tariff fears; U.S. market share hits 7.5%
EV
LI
By:
Laurence Iliff
EV registrations surge 20% in March on tariff fears; U.S. market share hits 7.5%
Tesla
Ford F-150 Lightning overtakes Tesla Cybertruck for EV pickup crown in March, Q1
Tesla
LI
By:
Laurence Iliff
Ford F-150 Lightning overtakes Tesla Cybertruck for EV pickup crown in March, Q1
Service And Parts
Philadelphia Catholic high school opens 3-year technician training academy
Service And Parts
RT
By:
Richard Truett
Philadelphia Catholic high school opens 3-year technician training academy

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