Business Insider USElon Musk received his final block of Tesla stock options last month – so is currently working for free.Elon Musk doesn't draw a cash salary from Tesla because he's paid in stock options.
The world's second-richest person hasn't taken a cash salary since 2019 – when he was paid just $23,760 to comply with the minimum wage laws in California. that Musk had received the final block of options that he had agreed to take as part of his 2018 pay package. The 2018 compensation package paid him around $56 billion worth of Tesla stock, which is the subject of anLawyers for Musk said in October that Tesla paid him billions of dollars worth of Tesla shares because he's not a"typical CEO" and his role is closely tied to the performance of the company's stock.
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