Tesla’s Elon Musk earned $2.2 billion from stock options - Fox Business

Tesla Chief Executive Elon Musk received more than $2.2 billion in stock option awards in 2018, according to a regulatory filing.

However, Musk will only receive that money over the course of a 10-year period if Tesla's market capitalization reaches $650 billion.

Musk’s base salary (which he did not accept) was $51,380 in 2018, which reflects the legal minimum wage in California, according to documents filed with the Securities and Exchange Commission on Friday.

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The median Tesla worker’s compensation last year was $56,163.

In another filing on Friday, the electric carmaker revealed that four board members will leave the company as part of a streamlining process to allow the board to “operate more nimbly and efficiently.”

Brad Buss, Antonio Gracias, Stephen Jurvetson and Linda Johnson Rice will not stand for re-election to the board at the end of their respective terms, according to the filing.

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“Such agreements did not result from any disagreements between Tesla and any such directors,” the filing said.

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