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Tesla filing puts Musk’s 2025 equity compensation at $158.4 billion
Tesla’s proxy filing reported about $158.4 billion in compensation for Elon Musk in 2025, entirely in equity. This included performance awards valued at up to $132.3 billion and an interim award worth $26.1 billion, which Musk has relinquished. Receiving the full equity rewards depends on meeting preset performance targets.
What to know
- 01
Median non-executive employee pay in 2025 was $62,786, making Musk’s disclosed compensation more than 2.5 million times that figure.
- 02
Under SEC rules, Musk’s compensation actually paid was $10.37 billion, while Tesla’s own realized-pay measure recorded zero.
Why it matters
Comparisons between Musk’s compensation and employee pay require attention to the conditions attached to equity awards and the different compensation measures.
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