Ahmed Shaami
Tesla’s current market cap stands at only $33 billion. You would think a CEO if a billion dollar company would be drawing a handsome salary but that is not in the case of Elon Musk. He says, I paid most of my Tesla-related expenses too. Tesla last year was actually net negative compensation for me.”
His tweet response came to the tweet of Tesla4Ever, a Tesla fan account. The fan challenged a Business Insider article that stated: “Elon Musk made more in 2018 than the next 65 highest-paid CEOs combined, according to a report.”
The article also claimed that Musk had made $2.3 billion in stock options in 2018. The money made him one of the highest paid CEO among the top 200 CEOs of large publicly traded companies.
Hey @AndyKiersz, care to explain this?@elonmusk made ZERO dollars in 2018 from Tesla, unless the stock was $600. He made the state mandated minimum wage then donated it.
ZERO performance compensation, min wage only.
Stunning how wrong you are. Gross incompetence or smear? pic.twitter.com/pP9GwfC4AT
— Tesla4Everman (@Everman) May 29, 2019
I paid most of my Tesla-related expenses too. Tesla last year was actually net negative comp for me.
— Elon Musk (@elonmusk) May 29, 2019
In another tweet response, Musk said.
Yeah, the fear, uncertainty & doubt propaganda campaign being pushed by those betting against Tesla has reached new heights
— Elon Musk (@elonmusk) May 29, 2019
Tesla’s proxy statement of 2018 states that Elon Musk was paid a base salary of $56,380 and he worked 90 hours per week in 2018.
