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Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. Since January 2025, he is serving as Administrator of the Department of Government Efficiency (DOGE), under the second Donald Trump presidential ...
Tesla, Inc. (/ ˈ t ɛ s l ə / TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Musk does not receive a salary from Tesla; he agreed with the board in 2018 to a compensation plan that ties his personal earnings to Tesla's valuation and revenue. [13] The deal stipulated that Musk only received the compensation if Tesla reached certain market values. [25] It was the largest such deal ever done between a CEO and a company ...
Elon Musk's net worth of $264 billion makes him the world's richest person. His wealth is closely tied to shares of his car company, Tesla.
CalSTRS owns around 4.7 million shares of Tesla. Other large funds that own the largest Tesla stakes — Vanguard, BlackRock , and State Street, among others — have not commented on Musk's pay ...
Elon Musk thinks Tesla investors should be in on the company's plans to launch a fleet of self-driving taxis... or out on the stock altogether. ... Elon Musk thinks there's one real reason to own ...
According to the Wall Street Journal, in September 2018, the company's stock fell to its lowest price in a year, around the time that CEO Elon Musk smoked marijuana during a live TV interview. [177] As of December 31, 2019, Musk owns 38,658,670 Tesla shares or 20.8% of the company. [178]
Tesla shareholders reapproved Elon Musk’s record-breaking pay pact and signed off on a new Texas incorporation in a show of support for the CEO as he fights legal battles on multiple fronts."Hot ...