News about executive compensation

Tesla's proxy filing puts Elon Musk's 2025 pay at $158,359,009,867, all in stock awards valued at grant date under accounting rules, and Musk has received no cash or vested shares from it. Most of that figure is a performance award covering about 423.7 million shares, valued at maximum, which pays out only when both market-cap and operational milestones are met and shares are held for five years. Tesla shares rose 3.76% to close at $368.06, giving a market cap of $1.45 trillion, but are still down 18.16% for the year. Shareholders vote on pay and board members at the December 3 meeting, while second-quarter operating margin of 1.4% and non-GAAP EPS of $0.33 versus a $0.5367 estimate make the October 21 third-quarter report a key test for long-term owners.