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Business News/ Companies / People/  Tesla’s Elon Musk gets $37,584 salary, new CFO $21 million, in 2015
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Tesla’s Elon Musk gets $37,584 salary, new CFO $21 million, in 2015

Elon Musk's compensation doesn't include 5.27 million stock options he received in 2012 that were intended to compensate him for 10 years

A file photo of Elon Musk, chairman and chief executive officer of Tesla Motors. Photo: BloombergPremium
A file photo of Elon Musk, chairman and chief executive officer of Tesla Motors. Photo: Bloomberg

Michigan/New York: Tesla Motors Inc. reported new compensation for chief executive officer Elon Musk of $37,584 last year, according to a filing Friday. That doesn’t include 5.27 million stock options he received in 2012 that were intended to compensate him for 10 years, according to a filing at the time.

Meanwhile, new chief financial officer Jason Wheeler received almost $21 million, mostly in stock option awards. Wheeler joined Tesla from Google Inc. in November. Of Wheeler’s $20.9 million in compensation, only $46,154 was in salary.

JB Straubel, the company’s chief technology officer, got $250,560 in salary while Doug Field, Tesla’s vice president of engineering, received a $306,923 salary and $2,808,785 in stock awards, the company said in its proxy statement.

A Tesla spokesman didn’t immediately respond to an e-mail seeking comment. Bloomberg

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Published: 17 Apr 2016, 05:41 PM IST
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