Tesla Said CEO Elon Musk’s 2020 Salary Is Zero.
Musk’s payment package requires Tesla’s market value and financial growth to achieve a series of growth goals.
Tesla said that CEO Elon Musk’s total compensation in 2020 will be zero, compared to $23,760 (approximately Rs 1.8 million) in 2019.
The electric car manufacturer also stated in a regulatory document that the total compensation of Chief Financial Officer Zachary is US$46.6 million (approximately Rs 345 Million.
which is lower than the US$21.2 million (approximately Rs. 160 million) in 2019, and financial growth has reached some upward targets.
April, Musk was eligible for Tesla options in his 2018 payment plan, which is now worth more than 30 billion U.S. dollars (approximately Rs 22252 crore).
Walter Isaacson is an American writer who wrote a bestseller about Apple co-founder Steve Jobs.
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