Musk's $0 Salary: Tesla Board Seeks New Compensation Amid Legal Battles and Business Challenges

Tesla CEO Elon Musk's compensation remains a hot topic. Last year, he received $0 in salary, a situation complicated by a legal battle over a massive stock award. A court has twice rejected the compensation package, deeming the process flawed, despite shareholder approval. This comes as Tesla faces business challenges, and Musk's recent foray into US politics adds another layer of complexity. The Tesla board is now actively searching for a new compensation structure for their long-time leader. This situation highlights the vast differences in compensation among founder-CEOs. Axon CEO Rick Smith, for example, received a $165 million stock award last year, while Michael Dell's compensation reached $33.1 million. The Wall Street Journal has proposed three potential solutions to the Musk compensation issue.