By How much salary does Tesla CEO and the world’s most popular businessman Elon Musk get? This information was given by Musk himself on social media.
Tesla CEO and the world’s most popular businessman Elon Musk is once again in the news. Now bitterness is being seen in his relationship with US President Donald Trump. He has clearly said that if he were not there, Trump would not have won the US presidential election this time.
Now Elon Musk is among the richest people in the world, so people want to know about his salary and net worth. Today we tell you how much salary Elon Musk gets.
How much salary does Musk get
You will be surprised to know that despite being the CEO of a giant company like Tesla, Musk has not been given any salary by the company for the last seven years. This information was given by Musk himself on social media and it has also been mentioned in detail in many reports.
Wall Street Journal report revealed
A report in the Wall Street Journal states that Elon Musk received a salary of $0 in the year 2023. That is, he was not given a single dollar as salary from Tesla. Not only this, Musk himself has confirmed this by posting on the social media site X.
He said, “Zero for seven years, despite increasing the value of the company >2000%” i.e. he had increased the value of the company by more than 2000 percent, yet he was not given any salary for seven years.
Stock-based deal was received in 2018
Musk was given a special deal by Tesla in the year 2018. A performance-based stock option deal was decided between Musk and Tesla. Under this deal, Musk was offered about 304 million stock options. Musk would have got this profit only if he was successful in taking the company to financial and stock market targets. By 2023, Musk had completed all these targets, which gave him the right to get the full profit of the deal. At that time, the value of this stock deal had reached about $ 146 billion.
The court had canceled the deal
However, in January 2024, this deal between Tesla and Musk suffered a major setback when the Chancery Court of Delaware rejected it. Court judge Kathaleen McCormick said in her decision that at the time of the deal, Tesla’s board was under the extreme influence of Musk and did not take a fair decision. He said that the board members behaved like “obedient slaves of an arrogant CEO”. The court canceled this deal, calling it unfair.
According to the information given in the court, the value of this stock deal was around $ 56 billion at that time, which could have increased to $ 146 billion by December 2023. After it was rejected by the court, its value is now believed to be around $ 98 billion.
Tesla board formed a new committee for Musk’s salary
After this controversy, the Tesla board has formed a special committee which is considering Musk’s salary and future payment model. According to a report by Financial Times, information about this committee has been given in Tesla’s SEC filing (31 March 2025). This committee includes Tesla’s board chairperson Robin Denholm and director Kathleen Wilson-Thompson. Now this committee will decide what kind of compensation will be given to Musk in the future.
In this entire controversy, Musk says that he did not earn money, but has increased the value of the company manifold. This debate is no longer limited to Tesla, but has become one of the biggest discussions of global business.