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The Independent UK
The Independent UK
National
Tom Krisher

INSANE: How elon musk s 44 9b tesla pay package compares with the most generous plans for other u s ceos | Vintage Vibes

Elon Musk Tesla Inc. United States Hock Tan
Copyright 2024 The Associated Press. All rights reserved.

Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk's record-setting Tesla compensation dwarfs them by comparison.

Tesla shareholders on Thursday voted overwhelmingly in favor of restoring Musk's 10-year pay plan, valued by the company in April at $44.9 billion. It was worth more early in the year, but Tesla's stock value has fallen about 25% since then.

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